A piece of land by the Houston Ship Channel acquired by IRG

The real estate development and investment firm, Industrial Realty Group, has acquired a piece of land (23.8 acres) along the Houston Ship Channel in Houston, Texas, US.

President of IRG, Stuart Lichter, 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.”

A portion of the land was swiftly leased to MTF Holdings, a company delivering cutting edge technology for the energy sector. 

Paul Perez, founder and president of MTF Holdings, said: “We are excited to be partnering with IRG to bring our hydrogen-based technology to the petrochemical capital. 

“We believe the environmental and economic implications of MTF’s REEC hydrocarbon and waste stream recycling process will significantly impact the energy sector as well as the broader industrial economy.”

The remaining acreage is accessible for other industrial and commercial opportunities and features multi-modal capabilities. 

For more information visit www.industrialrealtygroup.com

22nd June 2021