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Jul 19, 2024

1.8M-sf industrial park in Southwest Houston trades hands for $234.5M 

HOUSTON – KKR & Co. Inc has purchased Park 8Ninety, a 1.8 million-sf industrial park along Beltway 8 and SH 90A, from Artis Real Estate Investment Trust for $234.5 million. ...
By
REBusiness

HOUSTON – KKR & Co. Inc has purchased Park 8Ninety, a 1.8 million-sf industrial park along Beltway 8 and SH 90A, from Artis Real Estate Investment Trust for $234.5 million. 

The 12-building park was developed by Artis REIT and Trammel Crow Co. in five phases between 2017 and 2022. 

The 127-acre park has a mix of single-tenant and multitenant logistics buildings with clear heights ranging from 24 to 36 feet. 

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