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10/18/21
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In a recent Texas industrial buy, Westcore acquired Cedar Port Park, consisting of four industrial buildings encompassing 210k sf of space. The park, located at the corner of FM 1405 and Oscar Nelson Junior Drive in Baytown, was sold by TX-based NIT Industrial for an undisclosed price.
The newly developed property is part of Cedar Port Industrial Park, which at 20,000 acres is the largest master-planned, rail-and-barge served industrial park in the U.S. Cedar Port Park was particularly attractive to Westcore because it is adjacent to the business terminals at the Port of Houston. The property also features 40-foot access drives, heavy haul roads throughout Cedar Port, 200-foot truck courts and proximity to public barge and rail terminals within the park.
Cedar Port Park is one of two new properties that Westcore agreed to purchase from NIT Industrial in Texas. The other project, Eisenhauer Business Park in San Antonio, Texas, is still under construction and will consist of four buildings totaling 377.3k sf once complete in early 2022.
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