Liberty Development Partners Acquires Property to Expand Gulf Inland Logistics Park
Written by Carolina Worrell, Senior Editor
(CMC Railroad)
Liberty Development Partners has completed the acquisition of 1,149 acres of prime industrial real estate in Dayton, Texas, along the Grand Parkway, south of Highway 90, from seller Sammi Damek to further expand Gulf Inland Logistics Park, which is in its second phase of a three-phase expansion that will total 3,800 acres.
Gulf Inland Logistics Park’s strategic location offers an ideal environment for industrial, commercial, and retail development, according to Liberty Development Partners. Within a 40-minute radius, the park has access to a skilled and reliable workforce of more than 2.3 million people, and also benefits from its proximity to major transportation arteries, including Downtown Houston, the Port of Houston, and The Woodlands.
CMC Railroad provides comprehensive on-site rail services at Gulf Inland Logistics Park. These services include storage for more than 3,000 railcars, railcar repair, and transportation operations. “The park’s rail infrastructure is a key asset, providing businesses with efficient and cost-effective transportation solutions, and making the site an essential logistics hub in the region,” according to Liberty Development Partners.
Key players in the acquisition include Tony Patronella of Read King, Logan Havel, and Charles Blaschke of Edge Realty Partners who represented the seller, and John Littman, Kelley Parker, and Coe Parker of Cushman & Wakefield and the Texas Industrial Realty team who represented Liberty Development Partners.
“The acquisition of this key parcel marks a pivotal step in realizing our vision for Gulf Inland Logistics Park,” said Liberty Development Partners Principal Marcus Goering. “With multiple manufacturing and storage facilities already under construction and more in the pipeline, we’re rapidly transforming this area into the dynamic industrial and transportation hub we envisioned.”
“While it wasn’t without challenges, we are thrilled to have had the opportunity to be a part of getting this transaction across the finish line,” said Edge Vice President Logan Havel. “With the quality jobs Gulf Inland Logistics Park will create and the residential and economic growth that will follow as a result, we expect the project to be a boon to Dayton and Liberty County.”
Further Reading:
- Gulf Inland Logistics Park Sells 55 Acres to OmniSource
- Intermodal Briefs: Liberty Development Partners, POLB
