JLL arranges sale of Park 845 Crossing in North Houston
Authors
Grace Lewis
Key Takeaways
JLL Capital Markets represented an affiliate of Equus Capital Partners, Ltd. in the sale of Park 845 Crossing to INDUS Realty Trust
The 757,325-square-foot industrial portfolio features five buildings serving both regional and national distribution tenants
The asset's strategic location at the I-45 and Beltway 8 interchange positions it within the Texas Triangle superhighway system, offering connectivity to major metros statewide
HOUSTON, Aug. 19, 2026 – JLL Capital Markets announced today the sale of Park 845 Crossing, a 757,325-square-foot Class A multi-tenant industrial portfolio located at 11710 North Freeway in Houston.
JLL represented the seller, an affiliate of Equus Capital Partners, Ltd., in the transaction. INDUS Realty Trust acquired the asset.
Constructed between 2008 and 2014, Park 845 Crossing comprises five concrete tilt-wall buildings situated on 38.9 acres at the interchange of Interstate 45 and Beltway 8. The portfolio offers a versatile mix of rear-load and cross-dock configurations, with individual buildings ranging from approximately 54,000 to 245,000 square feet and clear heights from 18 to 30 feet.
At the time of sale, the property was 99% leased to 11 tenants across a range of industrial categories — including foodservice distribution, tire manufacturing and distribution, HVAC wholesale, third-party logistics and airfreight services.
Park 845 Crossing’s location at the convergence of Interstate 45 and Beltway 8 provides direct highway access throughout the greater Houston metropolitan area and positions the asset within one of the most strategically significant logistics intersections in the Texas Triangle. George Bush Intercontinental Airport (IAH) — a 24/7 global air cargo hub handling more than 564,000 metric tons of freight annually — is less than seven miles from the property, and the Hardy Toll Road is accessible within two miles. Downtown Houston is reachable in approximately 15 minutes, while The Woodlands employment corridor lies 10 to 17 miles to the north.
The North Houston submarket is a cornerstone of the Texas Triangle industrial ecosystem, which connects the state’s four largest metropolitan areas and has consistently ranked among the nation’s leading industrial markets for demand and occupancy growth. Houston’s large and young labor force, strong population growth and its role as a critical hub for goods movement and logistics continue to attract a wide range of industrial users and institutional capital to the region.
The JLL Capital Markets team was led by Senior Managing Director Trent Agnew and Managing Director Charlie Strauss, along with Senior Director Lance Young, Associate Brooke Petzold and Analyst Max Myers.
"Equus Capital Partners maintained a high-quality portfolio that has attracted and retained a broad range of industrial users over more than a decade," Agnew said. "Its position at the heart of the I-45 and Beltway 8 corridor, with direct access to one of the country's busiest air cargo gateways, made this an irreplaceable logistics asset — one that speaks to the depth and durability of the North Houston industrial story."
JLL’s Capital Markets group is a full-service global provider of capital solutions for real estate investors and occupiers. The group’s in-depth local market and global investor knowledge delivers the best-in-class solutions for clients, including investment sales and advisory, debt advisory, M&A and corporate finance, loan sales, equity & fund placement, net lease, derivative advisory and energy & infrastructure advisory. The group 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
JLL (NYSE:JLL) is a leading global commercial real estate services and investment management company with annual revenue of $26.1 billion, operations in over 80 countries and a global workforce of more than 112,000 as of June 30, 2026. For over 200 years, clients have trusted JLL, a Fortune 500® company, to help them confidently buy, build, occupy, manage and invest across a variety of industries and property types, including office, industrial, hotel, multi-family, retail and data center properties. 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 WAY. Powered by rich global datasets and leading technology capabilities, we provide coordinated, end-to-end delivery of real estate services for a broad range of global clients who represent a wide variety of industries. Through LaSalle Investment Management, we invest for clients on a global basis in both private assets and publicly traded real estate securities. For further information, visit jll.com.
About Equus Capital Partners
Equus Capital Partners is a national real estate investment manager and developer with over 40 years of investment experience. Equus’ diversified portfolio consists of industrial, multi-family, and office properties located throughout the United States. The firm is headquartered in the Philadelphia area with regional offices in Marina Del Rey, Scottsdale, Washington D.C., Atlanta, Raleigh-Durham, and South Florida.
About INDUS Realty Trust, Inc.
INDUS is a real estate business principally engaged in developing, acquiring, managing, and leasing industrial properties. As of July 2026, INDUS owns or has majority ownership in properties aggregating 16.4 million square feet. INDUS is owned by affiliates of Centerbridge Partners, L.P., a global private investment firm with deep experience in real estate, and GIC, a global institutional investor. Additionally, a wholly owned subsidiary of the Abu Dhabi Investment Authority (“ADIA”) is a strategic investor alongside Centerbridge in the ownership of INDUS.