Harbor Capital Expands Industrial Portfolio with New Acquisition
Harbor Capital's Strategic Acquisition of Humble Business Park
Harbor Capital, a renowned industrial real estate investment firm, has successfully added the Humble Business Park to its portfolio. This strategic acquisition emphasizes the company's commitment to expanding its presence in dynamic and high-growth markets.
Understanding the Humble Business Park Features
The Humble Business Park consists of 13 newly constructed industrial buildings, providing a range of space options between 5,625 and 48,750 square feet. These state-of-the-art facilities are designed to cater to various industrial needs including logistics, manufacturing, and warehousing.
Key Features of the Industrial Buildings
Each building is equipped with essential features to optimize functionality:
- Eave Heights: Offering heights of up to 29 feet, enhancing vertical storage options.
- Crane-Ready Buildings: Buildings 11, 12, and 13 are prepared for 10- or 20-ton cranes, boasting 20-foot bridge heights for ease of operation.
- Power Capacity: Facilities come with power capacity ranging from 200 to 1,000 amps, effectively supporting diverse industrial operations.
- Strategic Location: The park is conveniently located near key transportation routes like Interstate 69 and Beltway 8, and close to George Bush Intercontinental Airport.
Significance of this Acquisition for Harbor Capital
This acquisition is a notable milestone for Harbor Capital, further establishing their footprint in flourishing industrial sites. The company’s mission to acquire and develop strategic assets has been a driving force behind its sustained growth in the competitive industrial real estate sector.
Partnering with Industry Experts
In this transaction, Harbor Capital engaged the expertise of Michael Lohan and Luke Burns from Nineteen Blocks, serving as debt placement partners. Additionally, EDM Property Services will manage the Humble Business Park, ensuring enhanced operational efficiency and satisfaction for tenants.
Contact Information for Leasing Inquiries
For those interested in leasing opportunities or sales inquiries, potential tenants can reach out to the dedicated brokers from Lee & Associates:
Thomas Leger, SIOR | Principal
Phone: 713-744-7430
Email: tleger@lee-associates.com
Stuart Peterson | Associate
Phone: 713-744-7437
Email: speterson@lee-associates.com
Conclusion: A Forward Path for Harbor Capital
With this latest acquisition, Harbor Capital reinforces its position as a leading player in the industrial real estate market. The features of the Humble Business Park are tailored to meet the growing demand for modern industrial spaces, positioning the company for continued success.
Frequently Asked Questions
What is the significance of the Humble Business Park acquisition?
The acquisition significantly enhances Harbor Capital's portfolio, establishing a strong presence in a high-demand industrial market.
What types of spaces are available at the Humble Business Park?
The park offers flexible industrial spaces ranging from 5,625 to 48,750 square feet, catering to various industrial purposes.
Who are the key partners involved in this transaction?
Harbor Capital has partnered with Nineteen Blocks for debt placement and EDM Property Services for property management.
What are the features of the buildings at the Humble Business Park?
The buildings have heights of up to 29 feet, crane-ready designs, and power capacities between 200-1,000 amps.
How can potential tenants get in touch regarding leasing?
Prospective tenants can contact brokers Thomas Leger or Stuart Peterson at Lee & Associates for leasing inquiries.
About Investors Hangout
Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/
Disclaimer: The content of this article is solely for general informational purposes only; it does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice; the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. The author's interpretation of publicly available data shapes the opinions presented here; as a result, they should not be taken as advice to purchase, sell, or hold any securities mentioned or any other investments. The author does not guarantee the accuracy, completeness, or timeliness of any material, providing it "as is." Information and market conditions may change; past performance is not indicative of future outcomes. If any of the material offered here is inaccurate, please contact us for corrections.
