February 29, 2020
Dunavant Distribution Group LLC leased a 137,280-square-foot industrial building at Bay Area Business Park in Pasadena, TX. The logistics and supply chain company’s most recent deal brings its occupancy in the business park at 1619 Red Bluff Rd. to just under one million square feet.
John Nicholson, SIOR, with Colliers International represented the tenant. The landlord, Principal Real Estate Investors, was advised by Stream Realty Partners’ Justin Robinson and Jeff Pate. Stream Realty Partners also developed and manages the business park.
Dunavant, headquartered in Memphis, TN, leased its second chemical warehousing facility in the park in late 2019, a 212,000-square-foot facility at 9431 Bay Area Blvd. During 2016, the logistics tenant pre-leased 365,000 square feet in the park’s first phase.
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