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Phase 1’s 19 acres have been sold, and are already under development

Houston, TX, November 5, 2020 – PinPoint Commercial has hired NAI Partners to market the 32 acres it has available in Phase 2 of its 51-acre Trinity Business Park industrial development, located in Southeast Houston. The property is available for land sales, build-to-suits and spec development of single-tenant light industrial product.

NAI Partners’ Travis Land will be responsible for marketing the remaining land in the business park, developed with regional detention and utilities. The business park will feature excellent truck access via two major TXDOT roads; an ideally located port area location and Interstate Highway access via US Highway 99; master storm water detention; water service via local public provider; and private sanitary sewer.

Phase 1 of the park consisted of 19 acres, which were sold to a Houston based industrial contractor, which serves the area’s chemical and petrochemical plants. Phase I is currently under development, including an 80,000-sq.-ft. warehouse building.

PinPoint’s President and CEO, John Thompson, said “we are extremely pleased with the momentum created by our Phase I development project in Trinity Business Park. Phase II is currently in the design and site development permitting process. This development is ideal for single occupancy industrial companies serving the submarket’s many major industrial players.”

Despite some economic headwinds, the Houston Southeast industrial submarket overall has continued to perform well, with year-to-date total net absorption of positive 919,580 sq. ft., and more than 4.1 million sq. ft. currently under construction, representing 25% of the entire Houston market’s 16.2 million sq. ft.

PinPoint Commercial is a Houston-based development partnership with national reach. PinPoint has created $700 million in industrial, medical, retail and senior housing assets across the U.S. PinPoint’s principals have extensive experience in the land development and industrial market spanning over forty years.

For additional information, please contact Larry Koestler, Senior Vice President of Marketing & Communications, at 713.629.0500.

About NAI Partners
NAI Partners is one of the top 5 largest privately held and independently owned commercial real estate services firms in the state of Texas. NAI Partners was founded and is headquartered in Houston and has offices in San Antonio and Austin; offers the geographic expertise to complete real estate transactions throughout the state; and can leverage the power of the NAI Global network to arrange deals in any location around the world. NAI Partners employs more than 150 real estate professionals, and arranges more transactions than any of its competitors, completing over 700 commercial lease and sale arrangements every year. NAI Partners is a full-service firm offering client leasing and sales solutions in the areas of Office Tenant Representation, Office Project Leasing, Industrial Tenant Representation, Industrial Project Leasing, Retail Tenant Representation, Retail Project Leasing, Landlord Services, Property Management, Investment Sales, Valuation and Advisory Services, Partners Facilities Services (PFS), and Project Management, among other lines of business. The company also has an investment fund platform called Partners Capital, and a development vehicle called Partners Development, both of which are wholly owned subsidiaries of NAI Partners. NAI Partners is the top Houston-based full-service commercial real estate firm on the Inc. 5000 list of fastest-growing private companies in America; the 5th-largest Houston-Area Commercial Real Estate Brokerage and #1 Mover of Square Feet among leasing and sales brokerages in Houston per the Houston Business Journal; the only commercial real estate firm on the Houston Business Journal’s Mid-Market 50 list; a top 12 largest San Antonio Commercial Real Estate Brokerage per the San Antonio Business Journal; and a top 20 Property Management Firm by square feet under management in Houston per the Houston Business Journal. NAI Partners has been named a Best Place to Work by the Houston Chronicle, Houston Business Journal and Austin Business Journal; and is among the University of Houston’s Cougar 100 Fastest-Growing Companies.

Commercial real estate in Houston, Austin and San Antonio. NAI Partners offers full-service commercial real estate solutions to Houston, Austin and San Antonio, and has been serving the Houston commercial real estate needs of its clients for more than 20 years. We specialize in finding office space, industrial space and retail space, and can arrange an office lease, industrial lease or retail lease for your company. Our brokers help tenants and landlords or property owners of any size find the perfect real estate space or location for their business needs. For more information, contact us today.

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