JLL Capital Markets announced the sale of PortNorth 59, a 462,250-square-foot Class A logistics building located at 7491 Rankin Rd. in Humble, Texas. The newly constructed property, developed by Phelan Bennett Development and fully leased within five months, was acquired by STAG Industrial Inc. The facility features modern industrial amenities and benefits from proximity to George Bush Intercontinental Airport and key transportation routes. JLL represented the seller in the transaction.
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