Sep
25
JLL Facilitates Sale of Rail-Served Property in Houston
ByJLL represented the buyer, a Houston-based supplier of multiple types of plastic resins. The property will serve as the supplier’s company’s global manufacturing and distribution center.
JLL arranged Polymers Packaging & Warehousing Inc.’s acquisition of a 275,000-square-foot warehouse from Aleen Street Associated Ltd., for an undisclosed price. The building, served by Union Pacific railroad, is situated in the northeastern corner of the 610 Loop.
Headquartered in Houston, the new owner is a supplier of multiple kinds of plastic resins. The facility, located at 550 Aleen St., is ideally connected to Houston’s petrochemical plants and Port Houston by way of interstates 10 and 610 and Texas State Highway 225, and will serve as the company’s global manufacturing and distribution center. The building features eight rail doors, 27-foot clear heights, 44 dock-high doors and a fully fenced truck court…
