PlaceMKR Acquires 1310 Rankin Road Advanced Manufacturing Campus in North Houston

"We moved on Rankin because the fundamentals were obvious. Infill location, heavy power, immediate highway access — and we were able to close all-cash, which let us move with the kind of speed and certainty that sellers care about." – Christopher Cortese, Co-Founder and Managing Principal

PlaceMKR has acquired 1310 Rankin Road, a 17-building, infill advanced manufacturing campus totaling approximately 612,000 square feet of crane-served warehouse and office space. Located in North Houston near George Bush Intercontinental Airport, the property is positioned within one of Houston's most established industrial submarkets. It benefits from immediate access to the region's primary transportation corridors, including the Hardy Toll Road, I-45, and Beltway 8, providing critical connectivity across the Houston MSA and broader Gulf Coast region.

The acquisition comes as the Houston industrial sector continues to demonstrate significant resilience, closing 2025 with 13.2 million square feet of positive net absorption. The broader North Houston corridor remains a primary demand driver for the region. As overall tenant demand holds steady, newer logistics and manufacturing facilities equipped with taller clear heights and robust power infrastructure are capturing a significant share of the market's leasing activity.

The Rankin Road campus is uniquely differentiated to meet this specific demand through its on-site 40 MW substation. This substantial power capacity positions the property to directly serve advanced manufacturing, energy services, and heavy industrial users with elevated infrastructure requirements. This scale, power profile, and functional layout create a barrier to entry that is increasingly difficult to replicate within Houston's infill industrial markets.

"Rankin fits our thesis perfectly — acquire irreplaceable industrial infrastructure at a basis that gives us room to invest in the asset and drive value. The power capacity alone sets this campus apart from anything else available in the Houston market." – Jesse Weber, Co-Founder and Managing Principal

As part of a broader improvement plan, PlaceMKR will add approximately 88,000 square feet of leasable space, increasing the total net rentable area to roughly 700,000 square feet. With a wide range of building sizes, clear heights, crane capabilities, and heavy power infrastructure, the expanded campus is well-suited to meet growing advanced manufacturing demand.

The 1310 Rankin Road acquisition serves as a direct execution of PlaceMKR's 2026 "Powered Land" investment thesis—where secured kilowatt capacity and infrastructure advantages replace traditional location metrics as the primary driver of commercial real estate value.