Cushman & Wakefield’s National Industrial Advisory Group has been retained by ownership as its exclusive advisor in the sale of Kennedy Greens Distribution Center, a state-of-the-art distribution building totaling 524,119 square feet. The Property is located in the robust North Houston industrial submarket and features Class A+ building specifications including 36' clear height, LED lighting, abundant trailer parking, and fenced & secured truck courts.
Kennedy Greens Distribution Center is 100% leased to Walmart, Cheniere and MEI Rigging. Walmart and Cheniere have an investment grade debt rating (69% of the rent roll) and MEI Rigging is one of the largest rigging companies in the U.S. This premier location will continue to see an outsized share of rent growth due to the limited sites remaining for development and the strong Houston industrial market fundamentals.