Katy Distribution Center Sale

Exclusive: North America’s largest liquor distributor buys industrial facility in Katy

Almost a year after it broke ground, a nearly 700,000-square-foot distribution facility has nabbed a spirited buyer.

Miami-based Southern Glazer’s Wine and Spirits purchased the 673,785-square-foot distribution facility in Katy, sources close to the deal confirmed to the Houston Business Journal. The facility was developed by Atlanta-based Oakmont Industrial Group and broke ground in Houston-based Parkside Capital’s West Ten Business Park in September 2017.

John Simons and Holden Rushing with Houston-based NAI Partners represented Oakmont in the deal. JLL represented Southern Glazer’s, according to sources close to the deal. Oakmont and NAI declined to comment. JLL couldn’t be reached for comment.

Southern Glazer’s is the largest distributor of wine and spirits in North America, according to Forbes, and is the 17th largest private company in the U.S. The company completed roughly $16.5 billion in sales in 2016, according to Forbes.

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