Houston, Texas Jul 11, 2024 (Issuewire.com) - Cartage Capital Partners, a real estate private equity firm specializing in logistics real estate and industrial outdoor storage, today announced its acquisition of a 10-acre development site in North Houston. The property will be developed into a Class-A Trailer Storage & Semi-Truck Parking Terminal strategically located at the junction of I-45N and Beltway 8 next to George Bush Intercontinental Airport.
“We are excited and honored to be launching this project in one of the most mature logistics, warehousing, and manufacturing hubs of Houston”, states Steffen van Doesburg, Co-Founder of Cartage Capital Partners. “While evaluating the market, our team quickly realized that the IAH submarket was under-served and in need of a top-quality trailer storage and semi-truck parking solution. Together with our development partners, we are taking our experience in outdoor storage and semi-truck parking to create a unique product and service offering for the trucking and logistics community.”
The 10-acre semi-truck parking and trailer storage terminal will provide 240 parking spaces with all the security features required by the logistics and trucking industry as well as offer a driver lounge, office space, and maintenance bays for carriers looking to establish their base of operations near the Airport.
This project will be Cartage Capital’s second trailer storage and semi-truck parking facility after opening its first location in Corpus Christi, TX in 2023. The Company is working to open additional 18-wheeler parking and storage locations in Texas as it expands its services across the region.
For more information please visit https://cartagecapital.com
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