HOUSTON – June 5, 2024 – Stream Realty Partners, a national commercial real estate firm offering an integrated platform of services, announces the expansion and relocation of Tigerhawk Logistics, a Houston-based logistics company, within Portside Logistics Center, an industrial development in the highly sought-after Southeast Houston (“Port”) industrial submarket.
Tigerhawk Logistics has substantially expanded its presence within the logistics center, more than doubling its space from 135,285 square feet in Building 2 to an impressive 328,048 square feet in Building 1. This strategic expansion underscores Tigerhawk Logistics’ steadfast commitment to continuous growth and operational excellence.
Justin Robinson, Executive Managing Director & Partner at Stream said, “It is very exciting to see Tigerhawk’s ambitious vision playing out in real-time at Portside. Their ability to offer the high-quality logistics space in the market to their customers, near Port Houston, has proven to be a winning combination, and we look forward to being a part of their continued success.”
As part of the expansion, Stream’s Construction Management team is actively building out a custom designed office space, amongst other improvements, for Tigerhawk Logistics within Building 1, further enhancing the tenant experience.
“This strategic move marks a significant milestone in the growth of Tigerhawk Logistics,” said Nico Daily, President of Tigerhawk Logistics. “The new facility’s layout and design are set to enhance our operational efficiency and will enable us to secure more work and improve the turnaround of goods and services we provide to our valued customers. We would like to extend our heartfelt thanks to Stream and Principal Asset ManagementSM for their support. This collaborative effort has been instrumental in making our expansion a success.”
Portside Logistics Center, a Joint-Venture development between Principal Asset Management and Stream Realty Partners, is located at 4838 and 4908 Borusan Road in Baytown, Texas. The premier industrial development boasts over 1 million square feet and 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.
Portside Logistics Center offers multiple configurations and size ranges from 432,316 square feet in a cross-dock configuration (divisible to 216,158 square feet) and a 258,248-square-foot front-load building (divisible to 122,963 square feet). Both buildings were developed to the highest standards, featuring speculative office space, LED warehouse lights (two per bay), a white-boxed interior warehouse, painted columns, caulked control joints, and fully fenced and secured truck courts. The project is seeking LEED certification.
Stream Managing Director Tyler Maner and Executive Vice President Jeremy Lumbreras serve as the leasing agents for the project and helped complete the deal. Robinson heads up the development management alongside Tyler Wellborn, Craig McKenna, Matthew Sibley and Kristina Gibson. Tigerhawk was represented in lease negotiations by Grant Hortenstine and Pearce Martens with CBRE in Houston.
Building 1 has 432,316 square feet available for immediate occupancy. Building 2 is available (258,248 square feet) and divisible to 122,963 square feet. For more information, contact Stream Houston at 713.300.0300.
About Stream Realty Partners
Stream Realty Partners is a national commercial real estate firm offering an integrated platform of services, including leasing, Legendary CX property management, tenant and landlord representation, capital markets, investment management and sales, development, construction management, national program management, workplace strategies, strategic marketing, and dedicated research. The company is headquartered in Dallas with operations in core markets coast to coast. Since 1996, Stream has grown to more than 1,400 professionals and now completes more than $8.8 billion annually in office, industrial, retail, healthcare, land, and data center transactions. For information, visit www.streamrealty.com and follow Stream on LinkedIn, Instagram, X and Facebook.
About Principal Asset ManagementSM
With public and private market capabilities across all asset classes, Principal Asset Management and its investment specialists look at asset management through a different lens, creating solutions to help deliver client investment objectives. By applying local insights with global perspectives, Principal Asset Management identifies distinct and compelling investment opportunities for more than 1,100 institutional clients in over 80 markets. 1 Principal Asset Management is the global investment solutions business for Principal Financial Group® (Nasdaq: PFG), managing $545 billion in assets1 and recognized as a “Best Places to Work in Money Management”2 for 12 consecutive years.
[1] As of March 31, 2024
[2] Pensions & Investments, “The Best Places to Work in Money Management”, among companies with 1,000 or more employees, December 12 2023.
Media Contact
Stream PressRelated Stream Experts
