
3° Red Bluff
1015 Red Bluff Road, Pasadena, TX, 77506, US
99,884 平方呎
JLL Capital Markets, on behalf of ownership, is pleased to offer qualified investors the opportunity to purchase the fee simple interest in Port 10 Logistics Center - Building 8 (“the Property”), a 102,814 square foot front-load industrial asset located in Houston’s Southeast submarket. The Property delivered in Q3 2022 and is 100% leased to Margo Outdoor Living, Inc. for 5.8 years with 3.75% annual rental escalations. With an excellent Port of Houston location, the Property is well positioned to capitalize on the robust rent growth the Southeast submarket has experienced as a result of the aggressive TEU growth seen at Houston’s two container terminals, Barbour’s Cut and Bayport. The Port of Houston is the 5th largest container terminal in the Unites States and processed a record volume of 4.1 million TEUs in 2024. This represents a 19.9% increase in volume from 2021 (which is the largest growth rate seen across all U.S. Ports). The Port of Houston continues its momentum, processing 2.2 million TEUs through June 2025.
The location offers tenants easy access to Highway 146 via Spur 330 enabling connectivity to the Houston Ship Channel and both container terminals. Direct connectivity to Interstate 10 via Thompson Rd offers excellent access to the broader Houston MSA. Built to the highest institutional standards, the opportunity allows investors to acquire a recently constructed Port of Houston asset with long-term cash flow and attractive 3.75% annual rental escalations.