Industrial Property for Sale in Houston, TX
- Price: Contact for price
- Listing type: For sale
- Asset type: Industrial Property
- Location: Houston, TX 77051
Description
New Premier Class A Industrial Development | Griffin288 | 569,592 SF Secure Your Prime Distribution Space at Griffin 288 in Houston! Located in a key position for success, Griffin 288 offers premier Class A distribution warehouse space perfect for your business. Strategically situated in Houston, TX, with direct proximity to both Downtown (CBD) and The Texas Medical Center, you'll benefit from unparalleled access to major economic hubs. Boasting a robust portfolio of three dock-high buildings, with square footage ranging from 139,152 SF to 224,673 SF, and featuring impressive amenities like 2000 KVA power, LED lighting, ESFR sprinkler systems, and deep truck courts, Griffin 288 is built for efficiency. Capitalize on the explosive population growth along the 288 corridor and find your next distribution location at Griffin 288! Spec offices are available at 3,377 SF. The buildings are being offered for sale and/or for lease.
Market Context
This industrial in Houston, TX is listed for sale. It has been on the market for 148 days. Compare it against other industrial listings for sale in Houston, TX — <a href="/search/sale/industrial/texas/houston">view the full market</a>.
As of Q1 2026, the Houston industrial market showed a 8.0% vacancy rate, average asking rents near $10.00/SF/yr, and cap rates around 7.8%. Source: Consensus Q1 2026 market report.
Industrial market FAQ
- What is the typical cap rate for industrial in Houston?
- About 7.8% as of Q1 2026, per Consensus.
- Is the Houston industrial market tightening or softening?
- Vacancy is around 8.0% (Q1 2026).
Unified Estimate
Medium Confidence$7.79/SF – $10.53/SF
Mid: $9.16/SF
Rate estimator only; cost-of-business estimate unavailable.
Contact
- Faron Wiley · 713 577 1839 · Faron.wiley@cbre.com
- Charles Herold · 713 577 3877 · charles.herold@cbre.com
- William Gold · +713 5771709 · billy.gold@cbre.com
Explore this market
Similar Industrial Property for Sale in Houston, TX
- 14236 Gainesville — Contact for price · Houston, TX · 32,600 SF
- Owner-User or Investment Opportunity | 4704 Idalou Road — $95K · Lubbock, TX · 1,715 SF
- 1502 GALVESTON ST SOUTH HOUSTON TX - 9,340 SF BLDG, 1.3 AC — Contact for price · South Houston, TX · 9,340 SF
- 1805 1st Street, Seabrook, TX 77586 — Contact for price · Seabrook, TX · 2,240 SF
- 202 Somerset Rd — $595K · San Antonio, TX · 4,800 SF
- 130 Grand Ave — $650K · Bacliff, TX · 3,200 SF