October 10, 2024 - TRA Newswire -

Gulf Inland Logistics Park, managed and developed by Liberty Development Partners, announced that it has completed the acquisition of 1,149 acres of prime industrial real estate in Dayton, Texas, along the Grand Parkway, south of Highway 90. The property, purchased from seller Sammi Damek, will be utilized to further expand Gulf Inland Logistics Park, which is in phase two of a three-phase expansion that will total 3,800 acres.

“The acquisition of this key parcel marks a pivotal step in realizing our vision for Gulf Inland Logistics Park. With multiple manufacturing and storage facilities already under construction and more in the pipeline, we're rapidly transforming this area into the dynamic industrial and transportation hub we envisioned,” said Marcus Goering, Principal of Liberty Development Partners.

Key players in the acquisition include Tony Patronella of Read King, Logan Havel, and Charles Blaschke of Edge Realty Partners who represented the seller, and John Littman, Kelley Parker, and Coe Parker of Cushman & Wakefield and the Texas Industrial Realty team who represented Liberty Development Partners.

“While it wasn’t without challenges, we are thrilled to have had the opportunity to be a part of getting this transaction across the finish line,” said Logan Havel, Vice President at Edge. “With the quality jobs Gulf Inland Logistics Park will create and the residential and economic growth that will follow as a result, we expect the project to be a boon to Dayton and Liberty County.”

“Gulf Inland Logistics Park is emerging as a pivotal force in regional economic development, attracting manufacturing, industrial, and energy companies looking to streamline their supply chains. With its expanded acreage, the park is well-positioned to meet the growing demand for strategically located, rail-served industrial facilities. Its proximity to major ports, urban centers, and transportation arteries offers businesses unparalleled connectivity and efficiency,” said Paul Connor, Principal of Connor Investment Real Estate, a Houston-based private equity real estate firm focused on risk-mitigated investment strategies in residential, industrial, and commercial development and ready-to-develop real estate.

Gulf Inland Logistics Park’s strategic location offers an ideal environment for industrial, commercial, and retail development. Within a 40-minute radius, it has access to a skilled and reliable workforce of over 2.3 million people. Gulf Inland Logistics Park also benefits from its proximity to major transportation arteries, including Downtown Houston, the Port of Houston, and The Woodlands.

CMC Railroad provides comprehensive on-site rail services at Gulf Inland Logistics Park. These services include storage for over 3,000 railcars, railcar repair, and transportation operations. The park's rail infrastructure is a key asset, providing businesses with efficient and cost-effective transportation solutions, and making the site an essential logistics hub in the region.

Photo credit: Gulf Inland Logistics Park