At a glance
- The 1.43-acre site at 2225 Sens Road, about 25 miles east of Houston, holds 16,500 square feet of crane-served warehouse and office space plus outdoor storage areas for trucks and industrial equipment.
- For allocators weighing IOS exposure, the site's income rests on a single industrial-services tenant serving a corridor driven by petrochemical and refining operators.
- The property sits near Texas State Highways 225 and 146, less than a 10-minute drive from the Barbours Cut Container Terminal and the Union Pacific Strang Yard Terminal.
Apricus Realty Capital, a Dallas-based firm specializing in industrial outdoor storage, bought a fully leased outdoor storage property in La Porte, Texas, in partnership with ABR Capital Partners, IREI reported on Oct. 29.
The 1.43-acre site at 2225 Sens Road, about 25 miles east of Houston, holds 16,500 square feet of crane-served warehouse and office space plus outdoor storage areas for trucks and industrial equipment. Sage Envirotech leases the property and uses it as a hub for industrial cleaning, environmental services and waste management in Texas, including truck parking, equipment storage and back-office functions. Terms were not disclosed.
For allocators weighing IOS exposure, the site's income rests on a single industrial-services tenant serving a corridor driven by petrochemical and refining operators.
The property sits near Texas State Highways 225 and 146, less than a 10-minute drive from the Barbours Cut Container Terminal and the Union Pacific Strang Yard Terminal.
Reported by the Deals desk from IREI. Published . Corrections