HOUSTON– Hanover Company, in partnership with Transwestern Investments , are proud to announce the sale of the recently completed industrial project, Kirby 288. The speculative, cross-dock warehouse is located in a prime location in South Houston and represents the heightened demand for Class A industrial properties within the corridor. The sale closed earlier this month for an undisclosed amount.
The project, located at 12150 Kirby Drive, was completed in June of this year and sits just west of SH 288 at the northwest intersection of Kirby Drive and Mowry Road inside the Beltway 8 Loop. The facility is just over 213,000 square feet with a 360-foot depth and 36-foot clear height. Kirby 288 offers excess trailer parking on both truck courts, proximity to Texas Medical Center (via 288) and to broader southwest and southeast Houston (via Beltway 8).
“We are proud to have delivered a best-in-class facility that meets the evolving needs of today’s industrial users and to see the project successfully transition to new ownership,” said James Melody, Development Partner at Hanover. “Kirby 288 represents our continued commitment to delivering high-quality industrial assets in strategic locations that provide long-term value for tenants and investors alike.”
The area represents one of the city’s most diverse demand nodes and serves as an ideal midpoint for port-related logistics and population-driven tenant activity.
“Kirby 288 was delivered into a moment in time when industrial user sales are very robust in Houston,” said David Hudson, President of Hanover Industrial. “The location, design and completion all aligned to allow us to take advantage of these conditions. It is a great example of the advantages derived from the vertical integration of the Hanover development platform.”
Transwestern Investments, in partnership with Hanover Company, acquired the site on April 30, 2025, The project represents a strategic opportunity in a high-growth, supply-constrained submarket of Houston.
“Kirby 288 is a great example of the value that can be created through a strong partnership and disciplined execution,” said Jim Elsener, Managing Director at Transwestern Investments. “Hanover did an exceptional job delivering a high-quality project, positioning the partnership to capitalize on an attractive opportunity and achieve a successful outcome for our investors.”
Powers Brown served as the architect for the project. Robert McGee, Principal and Executive Vice President; Taylor Schmidt, Principal and Executive Vice President; and Austin Bartula, Vice President, all with Colliers, represented Hanover in the transaction.
High-res images/renderings courtesy of Hanover Company are available for download here. For more information on Hanover Company, please visit hanoverco.com.
ABOUT HANOVER COMPANY
Hanover Company founded in Houston, Texas stands among the most active private real estate companies in the United States, specializing in the development and construction of high-quality multifamily residential and industrial properties nationwide. Founded in 1982, Hanover is an award-winning developer with a focus on strategic growth in major markets across the United States. Current U.S. markets include San Francisco, Los Angeles, San Diego, Houston, Austin, Dallas, Boston, Washington D.C., Atlanta, Philadelphia, Phoenix, Denver, Ft. Lauderdale, Raleigh, and Charlotte.
ABOUT TRANSWESTERN
Transwestern is a vertically integrated commercial real estate firm dedicated to serving investors, partners and clients through expertise in investment, development, brokerage and property management. We own, lease and operate $64 billion1 in assets. Our experience spans diverse property types, including logistics, multifamily, retail, mixed-use, healthcare, office, data centers, hotel, sports & entertainment and life sciences. Across 35 offices nationwide, our team is united by a culture that cultivates agility, mutual trust and high performance. Learn more at transwestern.com.
1Includes all Transwestern enterprise assets and its RAUM as of April 1, 2026
MEDIA CONTACT
Bramble Creative, on behalf of Hanover Company
hanover@bramblecreative.com
Montgomery Angel
(346) 232.8625
Montgomery.angel@transwestern.com
twmediarelations@transwestern.com
