Harbor Capital Acquires Humble Business Park
Harbor Capital, a prominent real estate investment firm based in Texas, has announced an exciting new addition to its portfolio—the
Humble Business Park, located at
2311 South Houston Ave, Humble, Texas. This strategic acquisition covers
13 brand-new industrial buildings, reaffirming the company's commitment to expanding within fast-growing markets in the Lone Star State.
Details of the Acquisition
The newly acquired Humble Business Park features a range of spaces, with sizes varying from
5,625 to
48,750 square feet. These state-of-the-art buildings are designed to cater to a multitude of industrial requirements, including logistics, manufacturing, and warehousing. Key features include:
- - Eave Heights up to 29 Feet: This design choice optimizes vertical storage capabilities, which can be critical for various industrial operations.
- - Crane-Ready Buildings: Buildings 11, 12, and 13 are equipped to handle 10- or 20-ton cranes, allowing for significant operational flexibility and efficiency. These buildings can also accommodate 20-foot bridge heights, enhancing their usability for heavy lifting.
- - Power Capacity: Each building offers power capabilities ranging from 200 to 1,000 amps, ensuring they can support a wide array of industrial operations without compromising on efficiency.
- - Strategic Location: The park's proximity to key transportation corridors, such as Interstate 69 and Beltway 8, as well as its easy access to George Bush Intercontinental Airport, makes it an ideal location for businesses involved in logistics and distribution.
Significance of the Acquisition
This acquisition is a substantial milestone for Harbor Capital as it seeks to broaden its footprint in thriving industrial hubs. The firm prides itself on its strategic investments in properties that promise growth and operational efficiency. The addition of the Humble Business Park illustrates its commitment to maintaining a robust and diversified portfolio.
To facilitate this acquisition, Harbor Capital has engaged
Michael Lohan and
Luke Burns from
Nineteen Blocks as debt placement partners. In terms of property management,
EDM Property Services will oversee operations, contributing to ensuring superior efficiency and tenant satisfaction within the business park.
Leasing and Sales Inquiries
Companies interested in leasing or purchasing space within the Humble Business Park can reach out to exclusive brokers from
Lee Associates. Notable contacts include:
- - Thomas Leger, SIOR | Principal
Phone: 713-744-7430
Email: [email protected]
- - Stuart Peterson | Associate
Phone: 713-744-7437
Email: [email protected]
As Harbor Capital continues its trajectory of growth, its latest acquisition not only enhances its portfolio but also signifies the growing demand for industrial spaces in Texas.
By focusing on strategic locations and modern facilities, Harbor Capital is well-positioned to meet the needs of diverse businesses in the industrial sector in the coming years.