CenterPoint Signs Three-Year Lease in Houston
Posted By Staff Writers On March 22, 2018 @ 2:54 pm
OAK BROOK, IL –CenterPoint Properties is proud to announce a 39-month lease for 170,017 SF to Palmer Distribution Services at 9033 Spikewood Drive in Houston, Texas. Bob Berry of Avison Young represented the lessee, and Matteson Hamilton and Jeremy Lumbreras of Stream Realty represented CenterPoint in the transaction.
“We are pleased to be able to provide Palmer Distribution, an existing tenant in our portfolio, the additional space they need to meet the demand for their services,” said Danielle Radtke, Senior Vice President and Regional Manager at CenterPoint.
This facility is located six miles from the 251,438 SF facility Palmer Distribution is leasing for 60 months. The 9033 Spikewood Drive building is rail-served and features 13 rail doors, 22’ clear heights and 44 exterior doors.
About CenterPoint Properties
CenterPoint Properties is focused on the development, acquisition and management of industrial property and transportation infrastructure that enhances business and government supply chain efficiency. The Company invests in major coastal and inland port logistics markets anchoring North America’s principal freight lanes. CenterPoint‘s portfolio includes 59 Million SF and 2,342 acres under development in the Company’s integrated intermodal industrial parks. For more information on CenterPoint Properties, visit centerpoint.com or follow @centerpointprop on Twitter.