Sep 18, 2017
Docking above the flood waters pays off
HOUSTON – The city’s broader industrial portfolio fared quite well throughout Hurricane Harvey and the subsequent floods, in large part due to their structural advantages.Dock-high buildings—constructed at the height of...
HOUSTON – The city’s broader industrial portfolio fared quite well throughout Hurricane Harvey and the subsequent floods, in large part due to their structural advantages.
Dock-high buildings—constructed at the height of a delivery truck—offer two- to four-foot-high elevations and are a natural insurance against flooding.
Many large real estate investment trusts released statements that their Houston industrial properties didn’t sustain any major damage from Hurricane Harvey.
Justin Bennett, senior vice president at Denver-based DCT Industrial Trust Inc., said DCT’s Houston portfolio did not sustain any damage.
"On the industrial side, we all dodged a bullet," Bennett said. "It pays to be dock-high."
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