Bridge Logistics Properties Acquires Fully Leased Twinwood Distribution Center III in Brookshire

Bridge Logistics Acquires 767K-SF Brookshire Warehouse Facility
CRE Market Beat Take
The sale of a fully leased, newly delivered cross-dock facility along I-10 underscores how institutional buyers are still allocating capital to modern, stabilized industrial product in key Texas corridors despite limited pricing transparency.

Clay Development & Construction has sold Twinwood Distribution Center III, a newly built cross-dock industrial facility in Brookshire, Texas, to Bridge Logistics Properties. The property totals 767,520 square feet and is located at 2193 Discovery Hills Parkway, positioning it as a large-format logistics asset in a key regional distribution corridor west of Houston.

The building was delivered in the second quarter of 2024 and is described as fully leased at the time of sale. The single tenant is a logistics provider that supports manufacturing activity in the surrounding region, indicating a user focused on supply chain and production-related distribution rather than purely retail or e-commerce fulfillment. With the lease in place on a newly constructed asset, the property offers the buyer immediate, stabilized cash flow supported by an operating tenant.

Twinwood Distribution Center III is a cross-dock facility, a configuration that typically allows for efficient inbound and outbound truck movements. While specific building features such as clear height or loading counts are not detailed, the cross-dock format and large footprint underscore the project’s role as a regional distribution hub within the broader industrial network that serves Texas population centers.

The property sits along Interstate 10, providing direct east-west connectivity across Texas. This location offers access to major cities across the state and places the facility within reach of multiple industrial and consumer markets. The article notes that the asset is situated in Houston’s West submarket, an established distribution and logistics corridor that benefits from highway accessibility and proximity to both regional and long-haul freight routes.

Proximity to Houston’s Energy Corridor, the Grand Parkway and George Bush Intercontinental Airport further supports the property’s role within regional logistics networks. These transportation and employment nodes help link the facility to energy-related users, population growth corridors and air cargo infrastructure, although specific customer or end-user relationships are not described in the transaction summary.

The site is also located within the Texas Triangle, the region that encompasses the state’s four major metropolitan markets. According to the article, this region collectively represents more than 23.5 million residents and accounted for 25 percent of all United States net absorption in 2025. This data point underscores the broader demand backdrop for industrial space in the state, even though the transaction details, such as pricing or yield, are not disclosed.

A JLL Capital Markets team represented Clay Development & Construction in the sale. The team was led by Trent Agnew, Charlie Strauss and Lance Young, with Associate Brooke Petzold and Dawson Hastings also involved. The article does not specify terms of the lease with the logistics tenant, the sale price, the capitalization rate or any financing structure used by the buyer or seller.

While the parties did not release financial metrics, the combination of new construction, full occupancy and a location within a high-absorption regional corridor suggests this asset will remain a meaningful part of Bridge Logistics Properties’ industrial portfolio strategy in Texas.

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