DCT® Featured on 4-traders: DHL to expand Port of Houston facility
April 8, 2017
An Article on 4-traders
DCT Industrial Trust : DHL to expand Port of Houston facility
HOUSTON – DCT will add a third distribution building to DHL Supply Chain`s leased campus on Texas 225 in La Porte near the Port of Houston.
The Denver-based company has acquired 13.2 acres adjacent to DHL`s two buildings at 9701 and 9708 Texas 225 near Independence Parkway. It will break ground on a 222,000-square-foot building for DHL, bringing the campus to 535,000 square feet. The new building will have room to stack goods up to 36 feet high.
DHL will be providing logistics service to several petrochemical companies in the Houston Port, according to Justin Bennett, senior vice president, DCT Industrial.
“We are very pleased to accommodate the growth of DHL in a state-of-the-art facility that provides modern functionality combined with preferred rail access in the Port of Houston,” Bennett said in an announcement.
“The Port of Houston continues to exhibit a strong trajectory of user demand; and as this transaction demonstrates, DCT is well-positioned to both capture and create value within this expanding submarket.”
Terry Kennedy of Munson Kennedy Partnership designed the building, which will be built by Angler Construction. The project, which will be served by the Port Terminal Rail Association, will break ground in the second quarter.
DHL Supply Chain campus is one of 10 in the U.S. The division operates more than 400 facilities providing warehousing, transportation and other services.
DCT has a 4.5 million-square-foot Houston portfolio that is 97.5 percent leased.
In 2015, DHL Express doubled its capacity for shipments with the opening of a second area service center in northwest Houston. The expansion was made to handle demand from customers shipping machinery parts and replacement tools used in the oil and gas industry.Back to all stories