A joint venture between the Adkisson Group and PCCP has acquired Northwoods Industrial Park, a 2.7-million-square-foot, 64-building industrial campus in northwest Houston, in what brokers describe as the largest known industrial campus sale in Greater Houston by both square footage and acreage, according to Stream Realty Partners, which represented the seller.
The approximately 230-acre property, located near Highway 290 and the Sam Houston Tollway at 11919 FM 529, was sold by longtime owner The Texas Development Company. The campus is 98% occupied by a mix of local, national and international tenants and includes a Union Pacific rail spur, giving the new owners a rare combination of heavy power, overhead cranes and freight rail access inside one contiguous park.
Every building in Northwoods features one or more bridge cranes with capacities ranging from five to 75 tons and hook heights of 21 to 29 feet — heavy-lift infrastructure that has become the defining feature of Houston’s tightest industrial submarket segments. “Northwoods Industrial Park is truly a one-of-one asset that would be nearly impossible to duplicate,” said Stream Realty Vice Chairman Jon Farris, who led the disposition for the seller and will now head leasing. “The property offers heavy cranes, massive power, expansive yard space, and proximity to a dense labor pool at a time when tenant demand for crane-served facilities in Houston has never been higher.”
The sale also carries a human note for Houston’s commercial real estate community. The late Travis Land of Partners Real Estate represented the buyer, and Farris credited Land with assembling the opportunity from the start. “Seeing it close at this scale is a testament to his leadership, the relationships he built, and the trust he earned throughout his career,” Farris said.
The transaction lands in a northwest Houston corridor that has quietly become one of the region’s most important industrial logistics zones, with direct Tollway access to the Energy Corridor and George Bush Intercontinental Airport freight routes. Demand for crane-served, rail-adjacent space has been driven by energy equipment fabricators, aerospace suppliers and heavy manufacturers that need clear spans and tonnage most modern spec warehouses cannot provide. The property also sits outside both the 100- and 500-year floodplains, a diligence point that has shaped tenant decisions across Houston since Hurricane Harvey.
Adkisson Group, a Houston industrial investor and developer, has been expanding aggressively in the northern submarkets. The firm recently secured construction financing for Commerce Center Industrial Park, a nine-building, 509,250-square-foot development at FM 1960 and Aldine Westfield Road within Partners Real Estate’s 189-acre North Houston Commerce Business Park.
The deal underscores a broader resilience in Houston’s industrial sector even as office values wobble nationally: institutional capital continues to chase functional, hard-to-replicate assets rather than commodity warehouse space. For tenants, the change of ownership is not expected to disrupt operations, and leasing for the campus now shifts to Stream Realty under Farris.
