9701 New Decade Drive

9701 New Decade Drive

The property is a recently constructed 103,000 square foot Class A warehouse/distribution facility located near the Port of Houston, which is the number one U.S. port in total waterborn tonnage. The facility is leased to Frederick Trucking, a third party logistics provider that handles the transportation needs of industrial and commercial clients. The property is part of Bayport North Industrial Park with close proximity to Barbour’s Cut Container Terminal and Bayport Container Terminal.

Building Type

Warehouse/Distribution Facility

Property Type

Fully Leased

Date Acquired

5/13/2021

Year Built

2019

Total SF and/or Acreage

102,863

Space Available

N/A

Region

Southwest

Market

Houston

Clear Height

Energy Certification

N/A

Derrick Johnson

Independent Trustee

Mr. Johnson has served as an Independent Trustee since July 2022. He is a Senior Vice President of Operations at Agiliti, a medical equipment management and services company. Prior to joining Agiliti, Mr. Johnson spent 20 years with United Parcel Service (UPS) in a variety of strategic and operational roles, including as President of the Southeast. Mr. Johnson is a member of the Georgia Commission on Freight and Logistics. He brings extensive experience across strategy, marketing, business development, finance and operations, specifically logistical operations, within organizations ranging from startups to Fortune 50 corporations.