Brennan Investment Group acquired a more than 1.29-million-square-foot industrial portfolio of 16 buildings in Northwest Houston currently owned by Innovex, a global leader in subsea oil and gas equipment manufacturing.
Located within a master-planned business park, the campus’ 16 buildings have unit sizes ranging from 11,000 to 450,000 square feet across 126 contiguous acres.
Constructed between 1999 and 2018, the buildings were designed for manufacturing operations, offering HVAC-equipped warehouses, bridge cranes, heavy power, IOS yards, above-standard clear heights, and wide column spacing to accommodate diverse industrial requirements.
The site offers exceptional connectivity across the greater Houston region. Surrounded by a robust and growing population and a dense industrial ecosystem—more than 780 manufacturing businesses are within a five-mile radius—the location provides immediate access to a growing labor pool and a constrained supply of heavy industrial space.
This transaction is representative of Brennan’s strategic focus on acquiring functional industrial assets in key U.S. markets, primarily from corporate owner-users, and enhancing them through targeted capital improvements to attract a diversified tenant base and generate long-term value creation.
