JLL Completes Park 845 Crossing Sale
JLL Capital Markets announced the sale of Park 845 Crossing in Houston. The Class A industrial portfolio spans 757,325 square feet.
The property is located at 11710 North Freeway in Houston. JLL represented the seller, an affiliate of Equus Capital Partners, Ltd. INDUS Realty Trust acquired the portfolio.
Five-Building Industrial Portfolio
Park 845 Crossing was constructed between 2008 and 2014. The portfolio includes five concrete tilt-wall buildings.
The properties sit on 38.9 acres at the intersection of Interstate 45 and Beltway 8. The buildings offer both rear-load and cross-dock configurations.
Individual buildings range from about 54,000 to 245,000 square feet. Clear heights range from 18 to 30 feet.
At the time of the sale, the property was 99% leased. It had 11 tenants across several industrial sectors.
Tenants include foodservice distributors, tire manufacturers, HVAC wholesalers, third-party logistics providers and airfreight companies.
Strategic North Houston Location
Park 845 Crossing benefits from its location near major transportation routes. The property provides direct access to Interstate 45 and Beltway 8.
George Bush Intercontinental Airport is less than seven miles away. The airport is a major global air cargo hub. The Hardy Toll Road is also within two miles of the property.
Downtown Houston can be reached in about 15 minutes. The Woodlands employment corridor is between 10 and 17 miles north of the property.
Strong Industrial Market
North Houston is an important part of the Texas Triangle industrial market. The region connects Houston with the state’s other major metropolitan areas.
Houston continues to attract industrial users and investors. Population growth and a large labor force support the region’s industrial demand.
The city also plays a major role in goods movement and logistics. Its transportation infrastructure further strengthens its appeal to industrial tenants.
JLL Capital Markets Team
The JLL Capital Markets team was led by Senior Managing Director Trent Agnew and Managing Director Charlie Strauss.
Senior Director Lance Young, Associate Brooke Petzold and Analyst Max Myers also worked on the transaction.
“Equus Capital Partners maintained a high-quality portfolio that has attracted and retained a broad range of industrial users over more than a decade,” Agnew said.
He added that the property’s location near Interstate 45 and Beltway 8 made it an important logistics asset.
The sale reflects continued investor interest in well-located industrial properties in North Houston. Strong transportation links and proximity to major logistics infrastructure remain key advantages for the submarket.
