Bridge Logistics Properties announced that it has acquired Twinwood Distribution Center III, a 767,520-square-foot Class A distribution facility in Brookshire, Texas. The property is located at 2193 Discovery Hills Parkway in the West Houston submarket.
The acquisition represents Bridge Logistics Properties’ largest Texas acquisition since the platform launched.
Built in 2024, Twinwood III is located just south of Interstate 10 and provides regional connectivity to the Port of Houston and Interstate 35.
The property is positioned to serve more than 22 million consumers in the Texas Triangle within a four-hour drive. The Texas Triangle includes Dallas-Fort Worth, Houston, San Antonio, and Austin.
Twinwood III features modern industrial specifications, including 40-foot clear heights, 179 dock-high doors, truck court depths of up to 185 feet, about 2,600 square feet of office space, an 8-inch slab, and 3,000 amps of power.
The facility is fully leased through spring 2028, providing durable cash flow and a path to future net operating income growth.
Bridge Logistics Properties said the acquisition reinforces its strategy of acquiring highly functional real estate in consumption-centric markets with strong long-term logistics fundamentals.
Jones Lang LaSalle’s Trent Agnew, Charlie Strauss, Lance Young, and Brooke Petzold facilitated the acquisition.
Bridge Logistics Properties is a vertically integrated logistics real estate investment manager founded in 2021. The company is led by industrial real estate veterans with prior experience at Brookfield, Prologis, IDI Logistics, Duke Realty, Hines, and KTR Partners.
KEY QUOTES:
“The addition of Twinwood III to our portfolio reflects our continued conviction in acquiring premier bulk distribution facilities in top-tier logistics markets supported by durable long-term fundamentals. Twinwood III is strategically positioned to serve Houston’s expanding role in the supply chain and delivers best-in-class features sought after by modern distribution users.”
“Houston is an important target market for BLP with its world-class port and highway infrastructure, strong economic and population trajectory and growing significance as a hub for advanced manufacturing and the data center supply chain. The strategic acquisition of this high-quality asset to our Houston portfolio demonstrates our ongoing commitment to deepening our presence in the market.”
Connor Tamlyn, Managing Director of Bridge Logistics Properties
