JLL Capital Markets led the sale efforts of Blackline Cold Storage, a Class A industrial facility in Baytown, TX
News release
02 April 2025
298K SF cold storage asset near Port of Houston trades hands
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HOUSTON, Apr. 2, 2025 – JLL Capital Markets announced today it has closed the sale of Blackline Cold Storage, a 297,640-square-foot, Class A cold storage industrial facility in Baytown, Texas.
JLL represented the seller in the sale to Americold Realty Trust.
Newly constructed in 2022, Blackline Cold Storage is a state-of-the-art cold storage facility featuring 45-foot clear heights, 22 dock doors, over 36,000 pallet positions, 880 QFR blast positions, ESFR sprinkler systems and LED lighting throughout.
The property is strategically located at 6330 Nita Way in Baytown, within the master-planned Cedar Port Industrial Park. This premier location provides excellent access to the Port of Houston, major highways and a large population base. The facility can reach over 25 million residents within a five-hour drive, positioning it as a key distribution hub for the Texas Triangle mega-region.
The JLL Capital Markets Investment Sales and Advisory team was led by Senior Managing Director Trent Agnew, Senior Director Will Mogk, Associate Keenan Ryan and Analyst Clay Anderson.
"Blackline Cold Storage represented an opportunity to acquire a newly constructed, Class A cold storage asset in one of the nation's fastest-growing industrial markets," said Agnew. "The Houston port submarket continues to see strong demand driven by population growth, increased import volumes and the need for modern cold storage facilities to support the expanding food and beverage sector."
JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. The firm's in-depth local market and global investor knowledge delivers the best-in-class solutions for clients — whether investment sales and advisory, debt advisory, equity advisory or a recapitalization. The firm has more than 3,000 Capital Markets specialists worldwide with offices in nearly 50 countries.
For more news, videos and research resources, please visit JLL’s newsroom.
About JLL
For over 200 years, JLL (NYSE: JLL), a leading global commercial real estate and investment management company, has helped clients buy, build, occupy, manage and invest in a variety of commercial, industrial, hotel, residential and retail properties. A Fortune 500® company with annual revenue of $23.4 billion and operations in over 80 countries around the world, our more than 112,000 employees bring the power of a global platform combined with local expertise. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAYSM. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.