March 22, 2023
HOUSTON – Transwestern Real Estate Services (TRS) and Ares Industrial Management (“AIM”) announce PROACTIVE Supply Chain Group has signed a 227,300-square-foot lease at the newly delivered cross-dock industrial space, Bayport 146 Distribution Center.
Transwestern’s Carter Thurmond represented the tenant, PROACTIVE, and Brian Gammill, along with Nick Peterson and Darryl Noon, represented the landlord, AIM, in lease negotiations.
“Proactive Supply Chain Group’s selection of the Bayport 146 Distribution Center demonstrates the attractiveness of this new development,” said Mace McClatchy, Managing Director at Ares Real Estate. “We believe this property would perform well given its versatility and ideal location with immediate proximity to the Bayport Container Terminal and direct access to the highway.”
Located at 5803 Old Highway 146 in Seabrook, Texas, this flexible space is at the epicenter of Houston’s dynamic southeast submarket. The state-of-the-art, 454,600-square-foot building features 36-foot clear heights, two separate driveways, abundant trailer parking and exceptional transit options.
Bayport 146 Distribution Center was recently purchased by a real estate fund managed by Ares Management from Houston-based Transwestern Development Company (TDC). TDC delivered the project in February 2023.
Images are available for download here.
About Transwestern Real Estate Services
Transwestern Real Estate Services (TRS) adds value for investors, owners and occupiers of all commercial property types through a comprehensive perspective and by providing solutions grounded in sound market intelligence. Part of the Transwestern companies, the firm applies a consultative approach to Agency Leasing, Asset Services, Tenant Advisory + Workplace Solutions, Capital Markets, and Research & Investment Analytics.
The privately held Transwestern companies have been delivering a higher level of personalized service and innovative real estate solutions since 1978. Through an integrated, customized approach that begins with good ideas, the firm drives value for clients across commercial real estate services, development, investment management, and opportunistic endeavors for high-net-worth investors. Operating from 33 U.S. offices, Transwestern extends its platform capabilities globally through strategic alliance partners whose unique geographic, cultural, and business expertise fuels creative solutions. Learn more at transwestern.com and @Transwestern.
About Ares Industrial Management
Ares Real Estate oversees approximately $51.2 billion of assets under management and the team includes over 240 investment professionals located across eighteen offices throughout the U.S. and Europe. Through Ares Industrial Management (“AIM”), Ares Real Estate has established a vertically integrated industrial platform in the U.S. and a team with experience spanning over 30 years in the sector. With a deep network to source, operate and execute on attractive opportunities in key markets, AIM manages over 800 U.S. industrial assets representing more than 175 million square feet, as of December 31, 2022.
Media Contact:
Montgomery Angel
346.232.8625
montgomery.angel@transwestern.com
twmediarelations@transwestern.com
