Cushman & Wakefield Industrial Advisory Group Closes Sale of Kennedy Greens Distribution Center in Houston

Cushman & Wakefield’s Jim Carpenter, Jud Clements, Robby Rieke, David Munson and Trevor Berry Represented Janko Group in its Disposition

HOUSTON, August 13, 2025 – Cushman & Wakefield announced today that firm represented Riverwoods, Ill.-based Janko Group in its sale of Kennedy Greens Distribution Center, which is located at 13300 John F. Kennedy Blvd.

Cushman & Wakefield’s Jim Carpenter, Jud Clements, Robby Rieke, David Munson and Trevor Berry represented ownership in its transaction with Newport Beach, Calif.-based CapRock Partners.

Kennedy Greens Distribution Center is a state-of-the-art development totaling 524,119 square feet. Built in 2020, the property is located in the robust North Houston industrial submarket and features Class A+ building specifications including 36-foot clear height, LED lighting, abundant trailer parking and fenced secured truck courts.

Kennedy Greens Distribution Center is fully leased, with 69% of the property occupied by investment-grade tenants and the remainder occupied by an industry leader in its sector.

“Kennedy Greens Distribution Center drew strong investor interest due to its investment grade tenant roster, premier design features, and location,” said Munson, Cushman & Wakefield Executive Managing Director. “This Class-A development will continue to see an outsized share of rent growth and investor returns due to the limited tier-one development sites in North Houston and overall robust industrial market fundamentals.”