Posted Aug 4, 2017, 8:34 PM
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Join Date: Jan 2009
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Best Buy on the hunt for 600,000 SF in Houston distribution space
Quote:
Minnesota-based Best Buy Co. Inc. (NYSE: BBY) is on the hunt for industrial space in Houston between 500,000 square feet and 600,000 square feet, multiple sources close to the deal told the Houston Business Journal.
Avison Young's Jeff Lindenberger, who's representing Best Buy, confirmed that the company's looking in Houston but declined to comment further.
"I can confirm that Best Buy is looking for space," Lindenberger said. "It’s been a lengthy process."
The company's been looking in Houston for several months, sources said, and is considering sites in west Houston, Generation Park and sites near Interstate 59 near the Bush Intercontinental Airport.
It's unclear what operations would take place at the facility.
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