AVERA Companies Signs Tenant at Bayport Logistics Park

HOUSTON – (June 6, 2017) – AVERA Companies, a commercial real estate development, construction, and investment firm is announcing that the first tenant has signed a lease at Bayport Logistics Park, a 185 acre industrial complex in Pasadena, Texas.

Kuraray America, Inc. has signed a long-term lease for 465,851 total SF and will occupy 2 buildings across 30.5 acres, both of which will be built-to-suit and situated in the northern portion of Bayport Logistics Park.

“We are excited to have Kuraray in Bayport Logistics Park. Our location within Bayport Industrial District offers Kuraray excellent efficiencies in rail, trucking and warehousing of their product. Occupancy in buildings 2 & 3 will provide Kuraray with a campus feel, allowing for smooth product flow along with the comfort of security,” said John Nicholson, Executive Vice President of Development at Avera.

Building 2 is rail-served and will have a 36’ clear height, a building feature that is virtually non-existent in the southeast submarket. Building 3 will have a 32’ clear height. Both facilities will have state-of-the-art safety features including ESFR sprinkler systems and TPO roof systems.

“The fully permitted site and our in-house construction capability have allowed us to maximize efficiency for all parties.” said Trey Odom, President and CEO of Avera.

Bayport Logistics Park is located on the east side of Underwood Road, just south of Fairmont Parkway, within the Bayport Industrial District. The park is also within close proximity to both Barbour’s Cut and Bayport container terminals, facilitating convenient, economical drayage to and from the ports. Park amenities include Union Pacific rail service and pipeline access.

Bayport Logistics Park includes the site formerly announced in June of 2016 as Bayport Industrial Park, a 3 building, 738,610 SF development. Bayport Logistics Park will now be used to refer to the site in its’ entirety, comprised of 185 acres.

Kuraray America, Inc. was represented by John Littman of Cushman & Wakefield. Jason Dillee of Cushman & Wakefield represented the landlord.

ABOUT AVERA COMPANIES
AVERA Companies is a Houston-based, fully integrated, partnership driven development, construction and investment firm that is dedicated to providing the highest quality real estate assets for clients and partners through innovation, value creation and integrity. For more information, visit averacompanies.com or call 713-783-9600.

ABOUT KURARAY AMERICA, INC.
Kuraray is a global leader in specialty chemical, fiber and resin production. With top-of-the-line research and production facilities located throughout the US and a vast network of supply from around the world, Kuraray leads the industry in specialty dental, fiber, resin and elastomer products. Kuraray is committed to developing new fields of business using pioneering technology that improves the environment and enhances the quality of life throughout the world. For more information, visit www.kuraray.us.com