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Newport Beach Firm Buys Large Houston Industrial Building

CapRock makes its debut in Texas’s largest city

Newport Beach-based CapRock Partners announced today it bought Kennedy Greens Distribution Center, a 524,199-square-foot industrial facility in Houston.

Terms of the deal were not disclosed. CoStar data shows the most recent owner was Illinois-based Janko Group. The purchase marked CapRock’s entry into the Houston market.

Kennedy Greens Distribution Center, located at 13300 John F. Kennedy Blvd. in Houston, was fully leased at the time of the sale. The tenants were Walmart, Cheniere Energy and MEI Rigging & Crafting.

Kennedy Greens Distribution Center was built in 2000 and sits on 29 acres. The building includes 36-foot clear heights, 103 dock-high doors, four grade-level doors, 128 trailer stalls and 276 car parking spaces.

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Parimal Rohit
Parimal Rohit
Parimal M. Rohit has nearly two decades of experience in journalism and recently covered Texas real estate for CoStar News and Austin Business Journal. He was also the editor of The Log, covering Southern California's and Northern Mexico's maritime and environmental spaces. Throughout his career, Rohit has also covered the Los Angeles Lakers, Los Angeles Dodgers, Bollywood and California politics. Rohit won 12 reporting awards from the San Diego Press Club, including best environmental reporting and best essay/commentary, and the Fort Worth chapter of the Society of Professional Journalists. His hobbies include photography, podcasting, travel and filmmaking. He is also the recipient of several fellowships, including one through the USC Annenberg Center for Health Journalism and another through the RK Mellon Foundation.
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