Stream Realty Partners has completed the disposition of Buildings 9 and 10 at Empire West, a Class A industrial project at 100 Empire Boulevard in Brookshire, Texas. The sale transfers two large-format warehouse facilities totaling 1,655,523 square feet to BGO, which acquired the assets on behalf of an institutional investor.
The two buildings are fully leased to Tesla under a long-term, investment-grade tenancy, providing the buyer with a stabilized income stream backed by a single corporate occupier. The Tesla lease covers 100% of the available space in Buildings 9 and 10, positioning the properties as core industrial holdings within a modern logistics park located along Interstate 10.
This transaction follows Stream’s recent sale of Empire West Buildings 1, 3, and 8, which together comprise 1,038,619 square feet, as well as a 16.6-acre outdoor storage yard. Taken together, the recent sales indicate ongoing investor interest in large-scale, fully leased industrial product at Empire West, though specific pricing and other financial terms were not disclosed.
Empire West is a 10-building, Class A industrial campus totaling nearly 4 million square feet, complemented by a 16.6-acre outdoor storage yard. The project is located in Houston’s West submarket with direct frontage along Interstate 10, offering regional connectivity and visibility to logistics, distribution, and manufacturing users. The portfolio is fully leased to a group of high-quality tenants that includes Tesla, H-E-B, Ferguson Enterprises, Professional Packaging, and other occupiers.
Stream acquired the land for Empire West in October 2019 and implemented a phased development strategy that culminated in the delivery of a nearly 4 million-square-foot, institutional-grade industrial campus between 2021 and 2025. The completion and full lease-up of the project demonstrate sustained tenant demand for modern warehouse and distribution space in the area.
The sale of Buildings 9 and 10 was listed by Stream’s Capital Markets team, led by Seth Koschak and Matteson Hamilton, with additional coordination by Eastdil Secured. The effort was carried out in partnership with Justin Robinson and Stream’s Investment Management team, including Mustafa Ali and Adam Jackson. The parties involved did not disclose the transaction price or detailed capital structure.
