A 164,640-square-foot truck terminal in Baytown has secured a tenant.
Deugro (USA) Inc., the American arm of Germany-based freight forwarding
company Deugro, signed a five-year lease for the 47-acre property at 2828 FM
1405 in the massive TGS Cedar Port Industrial Park on Jan. 2, according to
Dayton Street Partners.

Partners Real Estate’s Gray Gilbert and Chris Haro represented DSP in the
transaction, while Partners’ Zane Carmen represented Deugro.

The Chicago-based industrial developer acquired the land from TGS Cedar Port
Partners in 2022 and completed the project in late 2023, said Adam Seyfarth,
managing director of asset management at DSP.

The cross-dock terminal was designed by Power Brown Architecture and built
by A&F General Contractors, both based in Houston. It has 214 doors, 251 car
parking spaces and 935 trailer spots, along with abundant outdoor storage
space. It is the first speculative truck terminal in the Houston area, according to
DSP.

“We saw a need within this park for a terminal specifically for outdoor storage
with some of the product that was coming in from the port,” Seyfarth said. “We
like to try to not follow the crowd and to be a little bit unique. And so we saw
this as an opportunity to build really a one-of-a-kind facility within this park.”
At this facility, Seyfarth said, Deugro is storing and moving materials for
Bechtel for the construction of the Port Arthur LNG project, a natural gas
liquefication and export terminal in Jefferson County.

Deugro has another facility nearby in Baytown where it services another client,
Seyfarth added.

“(Deugro and its) clients both needed to expand within Baytown,” Seyfarth
said. “And this opportunity came up. This was perfect because they needed a
mixture of both warehouse and yard storage.”

There were no competing sites, he said, and multiple companies were
interested in the property.

DSP has developments across several states, including another one in the
region, a truck terminal at 5800 Mesa Drive in northeast Houston with a
409,000-square-foot warehouse on 95 acres. That project was completed in
early 2022 and has since been sold.

The company is looking for more sites for industrial developments in Houston,
especially near the Port of Houston.

“There’s a lot of projects, whether it be this LNG project (or) whether it be some
of these other renewable energies, solar panels,” Seyfarth said. “So we’re
bullish on what the port is doing.”

The 15,000-acre TGS Cedar Port is the largest master-planned, rail- and bargeserved
industrial park in the United States and fifth-largest industrial park in
the world, according to its website.