Insight

Crowley Maritime Corporation Industrial Lease Executed

October 25, 2012
HOUSTON, TEXAS – The Houston office of Cresa, North America’s largest tenant representation firm, recently closed on the 128,500-square-foot industrial lease for Crowley Maritime Corporation, which provides project solutions, transportation, and logistics services in domestic and international markets. Crowley Maritime sought to double its operations in the Houston area.

“Crowley’s new location will accommodate its expanding business following its acquisition of Jarvis International Freight Inc. and a consolidation of some of its business units, allowing for a synergistic environment that promotes cross selling and better communication,” said Barrett Gibson, a Managing Principal with Cresa Houston. “This deal also gave Crowley the opportunity to modernize its facilities, helping to provide the type of work environment that will fuel Crowley’s sustained growth.”

Barrett Gibson and Jason English, a Senior Advisor, who represented Crowley Maritime, negotiated the transaction at World Houston International Business Center in north Houston. Rives Nolen of InSite Commercial Real Estate represented the property owner, EastGroup Properties.


About Cresa
Cresa is an international corporate real estate advisory firm that exclusively represents tenants and specializes in the delivery of fully integrated real estate services, including: Transaction Management, Project Management, Global Accounts, Portfolio Strategies, Location Planning, Lease Administration, Capital Markets, and Facilities Services. With more than 57 offices, Cresa is the largest tenant representation firm in North America. Through its partnership with Savills, one of the world’s largest commercial real estate services firms; Cresa covers more than 255 locations in 40 countries. For more information, visit www.cresa.com.


About Crowley Maritime Corporation
Jacksonville-based Crowley Holdings Inc., a holding company of the 120-year-old Crowley Maritime Corporation, is a privately held family and employee-owned company. The company provides project solutions, transportation and logistics services in domestic and international markets by means of six operating lines of business: Puerto Rico/Caribbean Liner Services, Latin America Liner Services, Logistics Services, Petroleum Services, Marine Services and Technical Services. Offered within these operating lines of business are: liner container shipping, logistics, contract towing and transportation; ship assist and escort; energy support; salvage and emergency response through its TITAN Salvage subsidiary; vessel management; vessel construction and naval architecture through its Jensen Maritime subsidiary; government services, and petroleum and chemical transportation, distribution and sales. Additional information about Crowley, its subsidiaries and business units may be found on the Internet at www.crowley.com.