San Francisco-based Prologis said it broke ground this month on the last two buildings at its Port Crossing Commerce Center at state Highway 146 and Wharton Weems Boulevard in between Port Houston’s Bayport and Barbours Cut container terminals. Houston-based National Property Holdings and Itasca, Illinois-based ML Realty Partners started developing Port Crossing in 2006. Pennsylvania-based Liberty Property Trust acquired the project in a $93 million deal in 2015. At the time, it included three fully leased buildings totaling more than 921,000 square feet and 139 acres of land, the Houston Business Journal reported. Liberty added more buildings between 2016 and 2019 before Prologis bought the company in 2020.
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