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Former Randalls Distribution Facility in Houston Switches Owners

| Commercial Real Estate News, Deals, Industrial| Views: 80


The former Randalls cooler warehouse and distribution center in Houston has changed hands. The Texas-based supermarket chain has recently been sold by its parent company, Albertson, to Crow Holdings Industrial.

10700 Telge Road, Cypress (Yardi Matrix)

The buyer, an industrial development company, plans to expand the site of the single-story, 668,514-square-foot asset to exceed 1 million square feet and to add three additional buildings to the facility. Upon completion, the new owner wishes to attract a wide range of tenants active in the cold storage and distribution industries.

Located at 10700 Telge Road in Houston, Texas, the existing Class B concrete facility comprises 398,000 square feet of dry warehouse space, 119,500 square feet of perishable warehouse space, 113,200 square feet of frozen warehouse space, and 6,200 square feet of air-conditioned office space. The industrial building also features insulated ceilings, dry/wet fire sprinklers, 104 dock-high loading doors, and one grade-level loading door.

Randalls Distribution Center is situated on the Northwest Houston corridor in the Aberdeen Business Park, 20 miles northeast of Houston’s central business district. The property provides easy access to several major transportation arteries, including US Highway 290, Sam Houston Tollway 8, Interstate 10, Route 6, FM 1960, Loop 99, Interstate 601, I-45, I-69, and I-249.

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