February 19, 2013 – 12:30 pm
Not quite 3 years after reopening as what owner Rodney Finger claimed to be the biggest furniture store in Texas, the 600,000-sq.-ft. I-45 Finger Furniture flagship — and the 16.5 acres near UH that it sits on — has come up for sale. Until the Finger family bought the property in the early ’60s, it was home to a minor-league baseball stadium for the Houston Buffs, a farm team for the Cardinals up in St. Louis. That history was given some floor space among the couches and mattresses indoors in the Houston Sports Museum — with a replica home plate in the showroom tile to approximate the original. And the asking price? $11 million.
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Read more about: 77003, Buildings for Sale, Commercial Real Estate, Eastwood, Furniture, Land for Sale, Retail, University of Houston, Warehouse Space
January 22, 2013 – 5:00 pm
Whoever owns this warehouse in the East End — he wants to remain anonymous — has donated it for the time being to Historic Houston to house its collection of materials rescued from historic Houston buildings before demolitions turned everything into splinters and twisted metal.
The warehouse is located between Eastwood and Milby at 4300 Harrisburg, right next to the monolithic Maximus Coffee Group plant. This Sunday the mural-covered doors will be rolled up for a few hours while the nonprofit rolls out an inventory including windows, light fixtures, flooring, and siding. Founder and executive director Lynn Edmundson tells Swamplot that the group has been looking for a permanent home since early December; it had leased a warehouse and yard at 1307 W. Clay until closing in June 2011.
Photo: Historic Houston
Read more about: 77003, Adaptive Reuse, East End, Historic Houston, Interiors, Recycling, Warehouse Space
January 6, 2012 – 11:57 am
Another reason for checking Swamplot’s Daily Demolition Reports on a regular basis: You might find your home listed on it. Two years ago today, the city’s neighborhood protection department took out demo permits on the houses at 1315 and 1317 Shepherd Dr. at the southeastern tip of Cottage Grove, listing them as dangerous buildings; they showed up on Swamplot the next day. But in a lawsuit filed this week, Bellaire Bead Shop owner Katie Koenig claims she was never informed about the impending demolition of her 2 houses, where she stored her bead inventory. Koenig says she only discovered the houses had been torn down when she tried to visit them sometime around January 8th, 2010; she also claims she was injured on the property after tripping over fencepost stumps left after city crews came back later and partially removed a 6-ft. privacy fence she had had built surrounding the houses.
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Read more about: 77007, Cottage Grove, Demolitions, Lawsuits, Warehouse Space
April 10, 2009 – 10:49 am
Lots of space is available in Houston’s industrial soft spot — on the far east side of town: “A lot of developers built huge facilities on spec at the Port of Houston. However, with trade down due to the global slowdown, the Port is starting to feel some pain, too; as is the real estate that sprang up to serve it. Exports are falling off, while imports are going from ship, to intermodal, to the rest of the country rather than remaining in Houston warehouses. Added to the fact was that building was out of control in that area during the mid-2000s. ‘Three or four years ago, everyone wanted to be at the Port, so everyone put their buildings there,’ [Grubb & Ellis Senior Vice President John] Nicholson says. ‘It was crazy.’ The result is a lot of vacant product, especially warehouse space, in the far east submarket. Transwestern’s report puts the East-Southeast Far submarket at 13.5% vacancy, including sublet space. The total inventory in that area is 34 million square feet, with 1.8 million square feet under construction. The Grubb & Ellis numbers for East Southeast Far have 30 million square feet of inventory and a 20% vacancy. And all of Houston is hunkering into recession mode in the area of lease negotiation. Nicholson and [Transwestern managing director Brian K.] Gammill say short-term deals are more common, as are more free-rent concessions.” [Globe St.]
Read more about: Industrial Properties, Leasing, Port of Houston, Warehouse Space
January 21, 2009 – 10:42 am
Dreyer’s Grand Ice Cream will be shutting down its plant at 4494 Campbell Rd., off Clay Rd. in Northwest Houston, by early April: “Dori Bailey, director of consumer communications for Dreyer’s, says the company chose to close the Houston facility, which produces 20 million gallons of ice cream a year, because production demand from the Houston area has been declining over the past several years. ‘Houston was also one of our smallest plants and it only had the capability to make packaged ice cream, while our other plants are able to make other brands of ice cream snacks as well,’ Bailey says. Bailey says the company hasn’t decided whether to sell or lease the 130,000-square-foot facility. About 50,000 square feet of the plant is factory space, while 80,000 square feet is warehouse space.” [Houston Business Journal]
Read more about: 77041, Commercial Real Estate, Industrial Properties, Northwest Houston, Openings and Closings, Warehouse Space
