On behalf of Albertsons Companies, Binswanger is pleased to announce the sale of their modern, single-story 700,644 sq. ft. Randall’s Grocery freezer/cooler warehouse and distribution facility on approximately 70.24 acres. The property is located at 10700 Telge Road in Houston, Texas.

The buyer, Crow Holdings Industrial (CHI), is the industrial development arm of Crow Holdings focused on the development of speculative and build-to-suit industrial projects nationwide. The company plans to expand the site and facility with three additional buildings. The total project size will exceed one million square feet and the buildings will target a wide range of tenants in the cold storage and distribution industries.

Theexisting facility is comprised of398,000 sq. ft. of grocery/dry warehouse space; 119,500 sq. ft. perishable/cooler warehouse space with maintained temperatures of 34° to 54°; 113,200 sq. ft. of frozen warehouse space with a maintained temperature of -5°; 6,200 sq. ft. of air-conditioned office space; steel columns spaced 48' x 60'; ceiling heights ranging from 25' to 40' and100% ESFR dry/wet sprinkler system.

Located 20 miles northwest of the Central Business District, the site is situated on the Northwest Houston corridor in the Aberdeen Business Park. Its location offers easy access to US Highway 290 and is minutes from Sam Houston Tollway 8, Interstate 10, Route 6, FM 1960, Loop 99, Interstate 601, I-45, I-69 and I-249. Houston Intercontinental Airport is 30 miles, Houston Hobby Airport is 38 miles and the Port of Houston is approximately 32 miles from the site.

The transaction for the seller was handled by Holmes Davis, Senior Vice President in Binswanger’s Dallas, Texas office.Cory Driskill and Will Mundinger of Crow Holdings Industrial handled the purchase for the company.

Headquartered in Philadelphia, Pennsylvania, Binswanger is an international full-service real estate organization with offices worldwide throughout the United States, Canada, Latin America, Europe, the Middle East, and Asia.