BGO acquired Heritage West, a newly constructed Class-A industrial portfolio totaling 299,520 square feet in Katy, Texas, within the West Houston industrial submarket.
The portfolio, majority owned by BGO, was acquired through a joint venture with Harbor Capital, an Austin-based vertically integrated industrial real estate investor and operator.
Completed in 2026, the portfolio includes two front-load industrial buildings: Building 2, totaling 90,480 square feet with 32-foot clear heights, and Building 3, totaling 209,040 square feet with 36-foot clear heights. Both buildings feature institutional-grade specifications, including tilt-wall construction, 59 dock doors, 130- to 190-foot concrete truck courts, 256 parking spots and 49 trailer stalls. Heritage West was 100% preleased at closing.
Located in West Houston with immediate access to Interstate 10 and proximity to the Port of Houston, the portfolio is positioned to serve the Houston metropolitan area while providing connectivity to San Antonio, Austin, and broader regional distribution networks. The West Houston industrial submarket continues to demonstrate strong leasing momentum, limited new supply, and vacancy below the broader market average.
The off-market transaction was sourced in partnership with Harbor Capital and represents the third acquisition for BGO Industrial Strategies II. Originally structured as a forward acquisition, Heritage West provides BGO with exposure to newly delivered logistics assets acquired at an attractive basis relative to replacement cost and recently traded stabilized industrial properties.
Seyfarth Shaw LLP acted as legal counsel for BGO.
