Indianapolis-based Duke Realty Corp. has gained a 772,500-square-foot property in Pasadena with the purchase of Bayport Distribution Center II near Port Houston.
The property, consisting of two warehouses on 42 acres at 4331 and 4033 Underwood Road, is fully leased by Supply Chain Management, St. George Logistics and IDC.
Mountain West Industrial Properties, which also operates in the Denver and Phoenix markets, sold the buildings. HFF’s Trent Agnew, Rusty Tamlyn and Dane Petersen marketed the property for Mountain West and its institutional partner.
Built in 2008, Bayport Distribution Center II consists of a 600,000-square-foot building and a 172,500-square-foot building with clear heights ranging from 24 to 30 feet.