CenterPoint Properties has tapped Cushman & Wakefield with leasing its Baytown Intermodal Center near Houston. The center is unique in all of America for its size, rail service by two Class I railroads and port proximity and barge access in a high-traffic shipping channel.
Four properties enveloping 4000 Cedar Boulevard, Baytown, Texas, comprise the 1.2-million-square-foot Baytown Intermodal Center. It has storage space to accommodate up to 350 rail cars and boasts more than 80 truck loading positions and two scale-equipped yards measuring 2.5 and 3.5 acres. Those amenities, plus proximity to the Port of Houston, make the Baytown Intermodal Center an invaluable asset to CenterPoint.
“We’re extremely proud to offer a spacious development to one or multiple tenants of any size. It has direct access to BNSF and UP rail lines, Port terminals and accessibility to heavy haul roads throughout the area,” said Danielle Radtke, CenterPoint senior vice president of asset management. “That combination is tough to beat, even in a competitive and evolving industrial market like Houston.”
Cushman & Wakefield also believes the Baytown Intermodal Center’s access advantages make it an incomparable leasing opportunity. The center is located just minutes from I-10, which runs through the heart of downtown Houston, and it’s proximate to the Port of Houston’s Bayport and Barbours Cut terminals, the deep-water Houston Ship Channel and shallow-water barge docks. The Port is the nation’s sixth busiest and the largest on the Gulf Coast, making it the pre-eminent U.S. gateway for imports and exports from the Caribbean and Latin America.
“There isn’t a better location in America for port users that also need heavy rail access,” said Cushman & Wakefield executive director Beau Kaleel. “The Southeast Houston submarket is diversifying from being known strictly as ‘The Petrochemical Capital of the World’ to welcoming companies from other sectors such as household goods, food and building materials. We’re thrilled to be leading the charge to lease Baytown Intermodal Center to a wide variety of potential tenants.”
