News Archive
Industrial project in TGS Cedar Port signs tenant for 432,000 square feet
September 4, 2024 - A new logistics development in the massive TGS Cedar Port Industrial Park outside Baytown is approaching full occupancy with a new 432,316-square-foot lease.Houston-based specialty crating company Gulf Coast Crating is the second tenant in Building 1, a 760,364-square-foot cross-dock warehouse, in the Portside Logistics Center at 4838 and 4908 Borusan Road.It...
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Exxon agrees to sell stake in Baytown hydrogen facility to Abu Dhabi energy group
September 3, 2024 - Exxon Mobil agreed Wednesday to sell a 35% stake in its planned Baytown hydrogen facility to Adnoc, the energy and petrochemicals group wholly owned by the Emirate of Abu Dhabi.The value of the deal was not disclosed, but was reported to be “easily at the multibillion-dollar scale....
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ONEOK pays $5.9B for Permian assets
August 29, 2024 - ONEOK Inc., has agreed to acquire Medallion Midstream and controlling interest in EnLink Midstream from Global Infrastructure Partners, the company announced late Wednesday.A leading midstream service provider with a big presence in Mont Belvieu, ONEOK connects natural gas liquids (NGL) supply with key market centers and an extensive network...
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Survey ranks Lee College No.14 among US community colleges
August 29, 2024 - Lee College ranks No. 14 in a survey of more than 600 community colleges in the United States put together by Smart Asset.com, a free online service that provides financial information.Further, it was the top-ranked two-year Texas school.The survey compared 616 two-year schools that offer associate degrees and have...
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Enterprise Products Partners signs $950m deal to acquire Piñon Midstream
August 21, 2024 - US midstream energy services provider Enterprise Products Partners, through an affiliate, has signed a definitive agreement to acquire Piñon Midstream for $950m in cash. Piñon Midstream, a portfolio company of Black Bay Energy Capital, offers natural gas gathering and treating services. The company&rsquo...
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Baytown Site is Houston-Based Logistics Provider’s Largest Facility
August 16, 2024 - Palmer Logistics has launched a new 616,700-square-foot warehouse facility in Baytown, Texas, expanding its third-party distribution space in the greater Houston area to more than three million square feet.The facility, the largest in the logistics provider’s portfolio, was developed by National Property Holdings in their AmeriPort industrial...
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HCSC: Project Vector will bring excitement to Baytown
August 8, 2024 - Ryan Walsh, CEO and executive director of the Harris County Sports and Convention Corporation, said he is excited for Baytown and Project Vector. The project involves building some sort of sports-like facility somewhere in Baytown. Walsh appeared before city council Thursday night to give them an idea of what...
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‘Free At Lee’ program becomes permanent
August 1, 2024 - The Lee College Board of Regents agreed to institutionalize its “First Time Free At Lee” program, and will expand it to its Huntsville Center.The First Time Free At Lee program provides tuition, fees and textbooks to students attending the college for the first time after high school...
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These neighborhoods are among the 10 ‘hottest’ in the Houston area
July 30, 2024 - While it's no surprise that Houston, famed for its urban sprawl, has a thriving suburban development scene, the real estate market's turbulence in recent years has accelerated the flight to places further from the city's urban core.What's driving the trend? Elevated home prices:...
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New logistics center completed at TGS Cedar Port Industrial Park
July 18, 2024 - Georgia-based Capital Development Partners has finished a second warehouse building in Baytown and is in advanced discussions to lease the entire space.The 800,405-square-foot speculative rail service building is Capital Development Partners’ second in TGS Cedar Port Industrial Park, the largest master-planned rail- and barge-served industrial park in the...
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