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2/16/2021
CenterPoint Properties announced it has purchased a rail-served, 601,261-square-foot building in Pasadena, Texas, near Houston.
The Class A building is served by BNSF Railway Co., Kansas City Southern and Union Pacific Railroad via the Port Terminal Railroad Association. It features six rail spurs, outdoor storage space, and port and highway access.
The property is less than 20 miles from downtown Houston, and has prime access to the petrochemical industry, regional highways and the Port of Houston’s container terminals, according to a CenterPoint news release.
Barbours Cut Container Terminal and Bayport Terminal are located 12 miles and 16 miles, respectively, from the property.