Junction Commercial Real Estate Acquires 10.594 Acres in Pearland for Class-A Industrial Development

PEARLAND, Texas — Junction Commercial Real Estate has acquired approximately 10.594 acres near the corner of Highway 35 and Knapp Road in Pearland, Texas, with plans to develop a Class-A industrial distribution facility on the site, the firm announced in August 2026.

Reed Vestal, John Erck, and Quade Towers of Junction Commercial Real Estate represented an affiliate of the firm's development division in the transaction. The seller, Pearland Storage, LLC, was represented by Will Florence of Marcus & Millichap.

Site and Development Plans

The roughly 10.6-acre site, zoned General Commercial, sits at the intersection of Highway 35 and Knapp Road in Pearland, Texas 77581 — a corridor that has developed steadily as a storage, warehouse, and service-industrial cluster with access to Houston, Sugar Land, and surrounding communities via State Highway 35, Highway 288, and Beltway 8.

Junction has designated the property for a Class-A industrial distribution facility. The firm said additional details regarding the development will be announced at a later date. Based on typical Houston industrial land utilization, a site of this scale can support roughly 150,000 to 250,000 square feet of modern distribution space, though no building specifications have been released by the firm. Class-A industrial product in the Houston market generally features clear heights in the 32-to-40-foot range, dock-high loading, ample trailer parking, and ESFR sprinkler systems.

Existing inventory in the immediate area consists largely of low-rise industrial and flex product, including a 3,000-square-foot warehouse on a 2.0-acre general commercial lot on Knapp Road, underscoring the opportunity to introduce larger-scale, modern distribution space to the submarket.

Pearland's Industrial Corridor

Pearland's commercial inventory is concentrated near major highways including State Highway 35, Beltway 8, and FM 518, positioning the submarket as an accessible alternative to inner-loop Houston for logistics and distribution tenants. The Highway 35 corridor has attracted warehouse and storage operators in recent years, reflecting sustained occupier interest in south Houston's industrial nodes.

Houston's broader industrial market has seen vacancy in the mid-7% range alongside elevated new supply, but user demand and logistics fundamentals have remained durable. Pearland's highway connectivity — offering reach to Houston proper, the Gulf Coast, and major east-west arterials — makes it a viable location for third-party logistics providers, regional distributors, building products companies, and light manufacturers seeking modern, highway-served product outside the urban core.

About the Firms

Junction Commercial Real Estate is a Houston-based, full-service commercial real estate firm with capabilities spanning development, investment management, construction management, and brokerage. The firm cites more than 110 years of combined experience and has completed billions of dollars in commercial real estate transactions and projects across the United States and internationally. Its integrated platform covers the full real estate lifecycle, from acquisition and development through construction management, asset management, disposition, and brokerage.

Marcus & Millichap is a national commercial real estate brokerage firm. Will Florence represented the seller, Pearland Storage, LLC, in the transaction.

Transaction Team

On the buyer side, Reed Vestal, John Erck, and Quade Towers — all of Junction Commercial Real Estate — represented the acquiring entity, an affiliate of Junction's development division. Reed Vestal and John Erck each hold SIOR and CCIM designations. Will Florence of Marcus & Millichap represented Pearland Storage, LLC on the sell side.

Junction has not yet released a construction timeline or leasing details for the planned industrial facility.

Sources: Junction Commercial Real Estate — Closed Deal: Highway 35 at Knapp Road