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EAST HOUSTON GROWTH: Transwestern’s Ridge Development to develop 56 acres near Port of Houston

Olivia Pulsinelli Reporter Houston Business Journal

The Port of Houston Authority selected Ridge Development as the master developer for 55.89 acres near the Bayport Container Terminal.

The land, at 12619 Port Road in Pasadena, includes the recently announced 300,000-square-foot refrigerated cargo storage facility that Georgia-based Agro Merchant Group is building. Ridge, the industrial development arm of Houston-based Transwestern Development Co., will oversee that project and will construct a built-to-suit facility on the remaining 38.38 acres.

Ridge has proposed two building options: a 449,280-square-foot, cross-dock building or a 450,684-square-foot, rail-served facility. Both scenarios include 199 trailer storage spaces, and the rail-served alternative includes the ability to store 280 railcars on-site.

“This project will meet the critical demand in the port area for rail-served industrial buildings,” Kent Newsom, executive vice president for Ridge, said in a statement. “We are in talks with several potential tenants that have shown significant interest in the flexibility and capacity that this site holds.”

The Port’s real estate department, led by COO Ricky Kunz, handled the lease negotiations on behalf of the Port of Houston. RD Tanner, senior real estate director, was the lead negotiating executive for the Port. KKNJ Properties LLC, owned by Curtis Spencer, will handle the leasing of the site for Ridge Development.