Comment on Hines buys and renames industrial park near Port of Houston

Hines buys and renames industrial park near Port of Houston

Houston-based Hines has purchased the 2.2 million-square-foot Underwood Distribution Center in LaPort from BlackRock. Hines did not disclose the terms of the deal, but mortgage and sales data from Houston-based Enriched Data show an $80.5 million mortgage associated with the sale.

 

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