Cushman & Wakefield Represents Liberty Development Partners in Sale of 55 acres at Gulf Inland Logistics Park Cushman & Wakefield’s John Littman, Kelley Parker III and Coe Parker Represented Liberty Development Partners in 55-acre, Rail-served Site Transaction
HOUSTON, November 15, 2023 – Cushman & Wakefield announced today that the firm represented Liberty Development Partners in the sale of 55 acres at Gulf Inland Logistics Park (GILP) to OmniSource LLC, a subsidiary of Steel Dynamics.
Cushman & Wakefield’s John Littman, SIOR, Kelley Parker III, SIOR, and Coe Parker, SIOR, represented Liberty Development Partners, while Michael Keegan and Andrew Laycock of Partners Real Estate Co. represented OmniSource.
OmniSource will build a state-of-the-art metals recycling center at the 55-acre, rail-served site with operations to include collection, processing and nationwide distribution of recycled metals.
“OmniSource is the second end-user to acquire a significant land parcel at Gulf Inland Logistics Park, which just shows the momentum and demand building for this development,” Littman said. “With its proximity to major refineries and chemical companies, Foreign Trade Zone designation and the area’s quality workforce, it’s an ideal site for logistics, transportation and manufacturing and will continue to emerge as one of Houston’s leading industrial destinations in the near term.”
Located on the south side of U.S. Highway 90 at Grand Parkway in Dayton, Texas, GILP is a 2,400-acre, master-planned rail-served mega site served with City of Dayton utilities, heavy power, high-pressure natural gas and direct access to BNSF and Union Pacific railroads. Sites at GILP are available for sale, lease, or build-to-suit.
About Gulf Inland Logistics Park
Gulf Inland Logistics Park is a 2,400-acre rail-served industrial park located in Dayton, Texas, just 30 minutes from Downtown Houston and the Port of Houston, as well as 45 minutes from the Woodlands and Hobby Airport. Gulf Inland Logistics Park features immediate access to the Grand Parkway and US Highway 90 as well as the two largest US Class I Railroads, the BNSF Railway and the Union Pacific Railroad. Gulf Inland Logistics Park offers its tenants the ability to produce, ship, and receive products and inventory from a single location, saving valuable time, resources, and capital. For more information on Gulf Inland Logistics Park, visit https://www.gulfinlandlogisticspark.com/.
About Liberty Development Partners
Liberty Development Partners is a joint effort between Connor Investment Real Estate and Logistics and Development Resources dedicated to the funding and development of Gulf Inland Logistics Park and future logistics, manufacturing, and rail-served projects. Paul Connor, Principal of Connor Investment Real Estate, has managed $1 billion in real estate investment and development since 2001. Marcus Goering, Principal of Logistics and Development Resources, served as President of CMC Railroad from 2010 until 2019 and has more than 35 years of transportation and real estate development experience. Together, they are working to transform Gulf Inland Logistics Park into a world-class logistics center for companies to grow their business and operations. For more information on Gulf Inland Logistics Park, visit https://www.gulfinlandlogisticspark.com/. to OmniSource LLC
Cushman & Wakefield Represents Liberty Development Partners in Sale of 55 acres at Gulf Inland Logistics Park to OmniSource LLC
Bailey Webb • 11/16/2023
About Cushman & Wakefield
Cushman & Wakefield (NYSE: CWK) is a leading global commercial real estate services firm for property owners and occupiers with approximately 52,000 employees in nearly 400 offices and 60 countries. In 2023, the firm reported revenue of $9.5 billion across its core services of property, facilities and project management, leasing, capital markets, and valuation and other services. It also receives numerous industry and business accolades for its award-winning culture and commitment to Diversity, Equity and Inclusion (DEI), sustainability and more. For additional information, visit www.cushmanwakefield.com.
Cushman & Wakefield (NYSE: CWK) is a leading global commercial real estate services firm for property owners and occupiers with approximately 52,000 employees in nearly 400 offices and 60 countries. In 2023, the firm reported revenue of $9.5 billion across its core services of property, facilities and project management, leasing, capital markets, and valuation and other services. It also receives numerous industry and business accolades for its award-winning culture and commitment to Diversity, Equity and Inclusion (DEI), sustainability and more. For additional information, visit www.cushmanwakefield.com.