Brightshore Capital Sells 484,056-SF Port 225 Commerce Center in Houston to Cabot Properties

NEW YORK, Oct. 27, 2026 — Brightshore Capital, a New York-based real estate investment and development firm, announced the sale of Port 225 Commerce Center, a 484,056-square-foot Class A industrial development in the Houston metropolitan area, to Cabot Properties, a global investor, developer and operator of logistics real estate. The sale followed an unsolicited offer from the buyer.

Port 225 Commerce Center: Property Details

Port 225 sits on 26.5 acres at 307 and 315 Beltway Green Boulevard in Houston's Southeast industrial submarket. The development comprises two buildings: a 128,992-square-foot rear-load warehouse and a 355,064-square-foot cross-dock facility, which together total 484,056 square feet.

Brightshore Capital acquired the site in 2023 and, through its in-house development team, completed construction in 2025. The sale came ahead of the firm's original business plan for the asset, according to the announcement.

Location and Logistics Access

Brightshore Capital selected the site for its established logistics infrastructure, direct access to Beltway 8 and State Highway 225, and proximity to the Port of Houston and the Houston Ship Channel. Those connections provide access to international trade routes and distribution networks serving the Houston metropolitan area and the broader Gulf Coast.

The two-building format broadens the potential tenant pool. Rear-load space can serve conventional warehouse users, while the larger cross-dock building suits high-throughput distribution and logistics operations.

Executive Comments

"The sale of Port 225 ahead of our original business plan reflects the strength of our disciplined investment approach, beginning with strategic market selection and a focused asset management and execution throughout the investment lifecycle," said Robert McCall, Partner at Brightshore Capital. "We identified Houston's Southeast industrial submarket for its proximity to the Port of Houston, access to major transportation infrastructure and established logistics demand."

Gaurav Sahay, Managing Director at Brightshore Capital, said: "Port 225 demonstrates the strength of Brightshore's in-house industrial development capabilities, from site planning and building design through construction and leasing. The complementary rear-load and cross-dock configurations were designed to serve a broad range of warehouse, distribution and logistics users. Our team's ability to execute each phase of development efficiently was instrumental in bringing the project to completion and positioning the asset for a successful sale."

Tayler Lee, Senior Director, Investments at Cabot Properties, said: "Port 225 expands Cabot's presence in Houston with two modern, highly functional logistics buildings in a well-established industrial submarket. The property's access to major transportation infrastructure, complementary building configurations, and existing tenant base align with our focus on well-located assets that can accommodate a broad range of logistics users. This acquisition reflects our continued focus on Houston as an important market within our broader U.S. investment strategy."

Houston Industrial Market Context

The sale comes as Houston's industrial market continues to absorb a large volume of new supply. In the third quarter of 2026, one market dataset reported a 7.5% vacancy rate, the highest in five years, as inventory continued to grow. Net absorption in that dataset declined to 5.3 million square feet from 7.3 million square feet in the second quarter. Another report placed vacancy at 7.4%, with 20.9 million square feet of net absorption trailing 27.9 million square feet of deliveries.

Construction activity remains substantial. Houston had approximately 26.7 million square feet of industrial space underway in the third quarter, down from 28.6 million square feet in the second quarter. Cushman & Wakefield reported a lower 19.6-million-square-foot pipeline and 7.6 million square feet of third-quarter completions.

Demand remains meaningful across datasets. CBRE reported third-quarter net absorption of 7.2 million square feet and vacancy of 6.3%, while Savills reported 7.5 million square feet of net absorption and vacancy of 7.2%. The differing figures reflect differences in coverage and methodology.

Rent data also varies by source. Houston.org reported average industrial triple-net asking rents of $11.05 per square foot in the third quarter, up from $10.38 in the second quarter. Cushman & Wakefield reported average asking rents of $8.16 per square foot, a record high in its dataset, while Matthews reported a 1.8% year-over-year decline in asking rents.

Implications for Cabot Properties and Brightshore Capital

For Cabot Properties, the acquisition expands its Houston presence with recently built logistics facilities in an established industrial corridor. It also adds exposure to a market that continues to post sizable absorption even as elevated deliveries increase competition among landlords.

For Brightshore Capital, the sale shortly after completion of construction illustrates a strategy of developing modern industrial assets and bringing them to the investment market relatively quickly. The transaction shows that newly delivered, well-located logistics product can draw institutional buyer interest in a market where vacancy has risen and new supply remains heavy.

Sources

• Brightshore Capital press release via PR Newswire: https://finance.yahoo.com/real-estate/articles/brightshore-capital-announces-sale-port-130000135.html