HOUSTON (December 4, 2023) – Savills completed a long-term, 135,285-square-foot lease transaction on behalf of client Tigerhawk Logistics. The Houston-based, privately held container logistics provider is the first tenant at the newly opened Class AA Portside Logistics Center located at 4908 Borusan Road in Baytown.
Tigerhawk was seeking a new location near the Port of Houston that provided immediate occupancy and allowed for future expansion. Savills Senior Managing Director Grant Hortenstine, who specializes in advising large-scale industrial users on their real estate strategy, and Assistant Director Pearce Martens were tapped to discover a solution for Tigerhawk.
“Tigerhawk is one of Texas’ fastest growing logistics providers and its expanding business propelled the firm to seek additional space,” said Hortenstine. “After completing a comprehensive drayage study, we centered our search in Baytown due to its optimal location in the Southeast industrial submarket. The recently completed Portside Logistics Center is a short distance from the Port of Houston’s major container terminals and it offered a move-in ready solution for Tigerhawk in one of the most state-of-the-art industrial facilities available. Building owner Principial Asset Management understood Tigerhawk’s objectives and the deal accommodates the goals of both parties. This is a major milestone for Tigerhawk and we are proud to see their further investment and expansion in the Texas region.”
“Our new location in Baytown is an exciting next step in our company’s evolution,” said Tigerhawk Logistics Chief Operations Office Ruben Sanchez. “The facility will allow us to effectively execute and expand our warehouse and transportation services for our clients while allowing us to reside in one of the most cutting-edge industrial centers in Texas. Efficiency is key to our business and the center will allow us to grow our operation strategically.”
The Portside Logistics Center is a 1-million-square-foot industrial facility situated in the Southeast Houston industrial submarket. The property offers immediate access to Grand Parkway (State Highway 99), Interstate 10, Highway 225, and Highway 146, allowing expedited access to Port Houston’s two container terminals Barbour’s Cut and Bayport. The building is LEED certified and features speculative office space, LED warehouse lights, a white-boxed interior warehouse, and fully fenced and secured truck courts.