Constellation Real Estate Partners Sells Newly Developed 424,011-Square-Foot Industrial Property
Constellation Real Estate Partners, an investor and developer of logistics properties, announced today that it has sold Constellation Post Oak, a newly developed, two-building 424,011-square-foot industrial property located at 14942-15012 S Post Oak Road in Houston, Texas to LBA Realty.
Constellation Real Estate Partners acquired the land in partnership with a real estate fund advised by Crow Holdings Capital in March 2022 and completed development of Constellation Post Oak in 2023. Designed by Powers Brown Architecture and Langan Engineering, the project includes two state-of-the-art buildings totaling 424,011 square feet. Building 1 is 302,825 square feet and offers a cross-dock configuration with 36-foot clear height, and Building 2 is 121,186 square feet with a front-load configuration and 32-foot clear height. The project features multiple points of ingress/egress with full circulation, trailer parking, ESFR sprinkler systems, and LED lighting. Constellation Post Oak is 82 percent leased to D&R Signs and US Elogistics Services.
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