Gulf Inland Logistics Park Sells 11 Acres to Phoenix Oil
May 16 2023 - 9:14AM
Business Wire
Phoenix Oil to Conduct Oil-Blend Operations at
Rail-Served Industrial Property
Gulf Inland Logistics Park, managed and developed by Liberty
Development Partners, today announced that Humble-based Phoenix
Oil, a wholly owned subsidiary of Adams Resources & Energy,
Inc. (NYSE AMERICAN: AE) has acquired 11 acres at Gulf Inland
Logistics Park to expand its operations in the Gulf Coast.
“We’re pleased to welcome Phoenix Oil to Gulf Inland Logistics
Park and anticipate the many advantages this new partner will
experience by locating their operations at Gulf Inland, including
the logistic advantages with close proximity to the Port of
Houston, major roadways and BNSF and Union Pacific access,” said
Marcus Goering, Co-Manager of Liberty Development Partners. “With
tenants like Phoenix Oil and other industrial manufacturers, the
vision for Gulf Inland Logistics Park and the subsequent economic
benefits for the city of Dayton and Liberty County are coming to
fruition. This is the beginning of a transformation for the park
and the entire region as global corporations bring investment and
jobs.”
Based in Humble, Texas, a northeast suburb of Houston, Phoenix
Oil specializes in oil blending, processing, trading, and
reclassification with sales throughout the United States.
“With the addition of the Gulf Inland Logistics Park operation,
Phoenix Oil will expand its manufacturing capabilities and will
also now have direct access from rail to storage to feed our new
processing facility and more easily and quickly transport finished
product via rail and tanker trucks,” said Trey Bosard, President of
Phoenix Oil, Inc. “We plan to begin constructing Phase I of our new
plant in the third quarter of this year, and look forward to
beginning operations by the end of 2023.”
The sale represents the first of several transactions by Gulf
Inland Logistics Park to manufacturing and production companies
expanding or relocating to the Greater Houston area. These
companies aim to take advantage of the rail and road access offered
by Gulf Inland Logistics Park along with its proximity to the Port
of Houston and the petrochemical hub of the Gulf Coast.
“This is an important time for logistics and supply chain
operators, which makes Gulf Inland Logistic Park a valuable hub for
the region’s transportation, industrial, and manufacturing
industries,” said Paul Connor, Co-Manager of Liberty Development
Partners. “We look forward to working with Phoenix Oil as they
design and build their facility and begin operations at Gulf Inland
Logistics Park.”
Liberty Development Partners is developing the infrastructure
and operations within Gulf Inland Logistics Park and future rail
and industrial projects.
Learn more at https://gulfinlandlogisticspark.com/
About Liberty Development Partners
Liberty Development Partners is a joint effort between Connor
Investment Real Estate and Logistics and Development Resources
dedicated to the funding and development of Gulf Inland Logistics
Park and future logistics, manufacturing, and rail-served
projects. Paul Connor, Principal of Connor Investment Real Estate,
has managed $1 billion in real estate investment and development
since 2001. Marcus Goering, Principal of Logistics and Development
Resources, served as President of CMC Railroad from 2010 until 2019
and has more than 35 years of transportation and real estate
development experience. Together they are working to transform Gulf
Inland Logistics Park into a world-class logistics center for
companies to grow their business and operations. For more
information on Gulf Inland Logistics Park, visit
http://www.gulfinlandlogisticspark.com/.
Media Kit:
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version on businesswire.com: https://www.businesswire.com/news/home/20230516005686/en/
Carrie Ward, PR for Liberty Development Partners 832-407-5347
Carrie@hellobrightspot.com
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