Industrial Realty Group, a real estate development and investment firm, has acquired a 23.8 acre piece of land along the Houston Ship Channel in Houston, Texas.
A piece of the land was swiftly leased to MTF Holdings, a company providing cutting edge technology for the energy sector.
Stuart Lichter, president of IRG, said: “MTF is a great fit for this project. We are working together to invest into the site and develop a state-of-the-art processing plant with storage and terminal operations.”
The remaining acreage is accessible for other industrial and commercial opportunities and features multi-modal potential.
Founder and president of MTF Holdings, Paul Perez, said: “We’re excited to be partnering with IRG to bring our hydrogen-based technology to the petrochemical capital.”
For more information visit www.industrialrealtygroup.com
