200-Acre Sale Will Lead To 1.5M SF Development
TGS Cedar Port Partners sold approximately 200 acres to Ravago Americas, a global distributor of plastic and rubber materials, which will begin the first phase of its 1.5M SF distribution and manufacturing facility. The transaction represents the second major development in TGS Cedar Port Industrial Park’s Phase 2, an approximately 750-acre tract that has access to Highway 1405 and Highway 99.
NAI Partners' John Ferruzzo, John Simons and Joel Michael repped the seller. CBRE's Gray Gilbert repped the buyer.
End users like Ravago Americas were exactly what Cedar Port Partners had in mind when it envisioned the project. "Cedar Port Partners’ vision has been to create the railroad infrastructure and operations capability to serve the greater Houston market, as well as the nation, with a global reach," said TGS Cedar Port Partners president Bill Scott.
