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The Bayport Industrial District is a large commercial real-estate development located in Southeast Harris County, Texas, within the Bay Area of Greater Houston. It is one of the two industrial districts in the extraterritorial jurisdiction of La Porte (the other being the Battleground Industrial District). [ 1 ]
In February 2011, the company acquired Gravitas Real Estate Resources. [4] In February 2013, the company was engaged in a legal battle after two of its brokers left the company to join CBRE Group. [5] In August 2013, the company represented Bechtel in negotiating a 565,916 square foot lease renewal and expansion in Houston, Texas. [6]
Prologis, Inc. is a real estate investment trust headquartered in San Francisco, California that invests in logistics facilities. [5] The company was formed through the merger of AMB Property Corporation and Prologis in June 2011, which made Prologis the largest industrial real estate company in the world.
Houston-based Hines has started construction on its first industrial project in Austin. The development will have more than 684,000 square feet of space in four buildings.
During that year, El Paso Corp., a major tenant with 912,000 sq ft (84,700 m 2) in Greenway Plaza, announced that it was vacating the property and moving its personnel to its Downtown Houston headquarters. A Houston Business Journal article stated that El Paso was expected to sublease the space until 2014, when its lease will expire. [11]
Fortune 500 companies based in Houston [1]: Rank Company name 12: ExxonMobil: 48: Phillips 66: 60: Sysco: 105: Enterprise Products Partners: 106: Hewlett Packard Enterprise: 127: Plains GP Holdings
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