CBRE brokered the sale of 17.8 acres of land in Houston, Texas, which will soon be home to a 224,700-square-foot industrial facility, Griffin 288/West Airport.
CBRE’s Faron Wiley represented the buyer, a joint venture between Griffin Partners Income & Value Fund IV and Peakline Real Estate Funds in the transaction. Nathan Wynne with CBRE National Partners secured the equity for the project.
Located in the South Houston submarket, Griffin 288/West Airport will feature a new class A freestanding uber infill front load industrial facility. The project is expected to deliver during the second quarter of 2026, and will include 113 car parks, 61 trailer spaces, 20 future trailer parks, direct access to Highway 288 and strategic access to Port of Houston.
Wiley along with CBRE’s Billy Gold are set to handle comprehensive marketing efforts in a submarket that offers exceptional potential.