Stream Realty Partners announces the sale of three industrial buildings in the prominent Empire West Development in Houston. NorthPoint Development acquired the Class A buildings, which total just over 1 million square feet. The sale also includes a 16.6-acre outdoor storage yard.
Major Industrial Real Estate Transaction in Houston
Stream Realty Partners has completed the sale of buildings 1, 3, and 8 in Empire West, totaling 1,038,619 square feet, alongside a 16.6-acre outdoor storage yard to NorthPoint Development.
Located in the expanding West Houston submarket, the Empire West Development encompasses 10 Class A industrial buildings totaling 3,969,811 square feet.
The transaction highlights continued investor demand for large-scale, Class A industrial assets in Houston’s fast-growing West submarket.
Deal Details
Stream’s Capital Markets team led the transaction, headed by Executive Managing Director and Partner Seth Koschak and Matteson Hamilton. The team worked in close coordination with Eastdil Secured.
The Capital Markets team also worked closely with Stream’s Investment Management group, including Portfolio Manager Mustafa Ali, Chief Investment Officer Adam Jackson, and Executive Managing Director & Partner Justin Robinson. Robinson oversees Stream’s Industrial Development Services division.
Empire West Development Overview
The industrial campus was developed and delivered by Stream between 2021 and 2025. All 10 best-in-class industrial buildings in Empire West are now fully leased to prominent tenants, such as Tesla, Pro Pac, Ferguson Enterprises, and H-E-B.
Located at 100 Empire Boulevard in Brookshire, Texas, the development offers immediate access to Interstate 10. The site also serves as a key logistics and distribution hub for the greater Houston area.
“The level of investor engagement around Empire West speaks to the quality of the asset and the strength of West Houston’s industrial market,” said Matteson Hamilton, Executive Managing Director and Partner at Stream.
“From best-in-class design to a roster of nationally recognized tenants, this portfolio embodies what institutional investors are seeking in today’s environment: scale, stability, and opportunity for long-term value creation,” Hamilton added.
Stream Realty Partners’ Broader Strategy
The real estate firm acquired the entire Empire West land in October 2019 and, since then, delivered the multi-phase project through the years to meet demands of the logistics and manufacturing verticals.
Over the past year, Stream Realty Partners has sold more than $1 billion in assets.
“Empire West demonstrates the work of an incredible cross-functional Stream team, from land sourcing to development, leasing, capital markets, and tenant relationships,” said Mustafa Ali.
“What began as raw land in 2019 is now a fully leased, institutional-grade industrial campus totaling nearly four million square feet and attracting world-class users. This transaction underscores the strength of Houston’s West submarket, the quality of the tenants on campus, and our team’s ability to execute through cycles. Empire West has set a new benchmark for industrial placemaking in Houston, and we’re proud to deliver exceptional results for our investors,” Ali added.
About Stream Realty Partners and Stream Investment Management
As a national commercial real estate company, Stream Realty Partners offers integrated leasing, development, and investment services. This covers Legendary CX property management, tenant and landlord representation, investment management and sales, capital markets, construction management, and national program management.
With its headquarters in Dallas, Stream Realty Partners operates from coast to coast. Since 1996, it has expanded its operations and currently employs more than 1,500 professionals. Stream Realty Partners completes annual transactions worth more than $8.9 billion in retail, office, healthcare, land, industrial, and data center properties.
Stream Realty Partners’ Investment Management team delivers informed investment decisions related to real-time supply and demand fundamentals. The team includes 35 professionals and manages five commingled funds besides several joint ventures and completely owned assets.
Plus, Stream oversees 63 investments spanning 34 million square feet and more than $3.4 billion in assets under management.
The latest transaction reflects continued investor demand for institutional-quality industrial assets in Houston’s West submarket.
