Houston, Texas

The buildings that run Texas.

A Houston partnership buying small industrial buildings across the state's four major markets.

$3.5B+
Real estate invested
3.3M
Square feet developed
25+
Years in the business
Combined partner experience prior to founding Southport.
Strategy

Institutional capital crowds the top of the market. We buy where Texas businesses actually operate.

Small industrial buildings, bought directly and underwritten by hand. We walk every site and stand behind every number we put in writing.

01

Small industrial

Multi-tenant and single-tenant warehouse in Houston, Dallas–Fort Worth, San Antonio and Austin.

02

Numbers we stand behind

We underwrite every deal ourselves. What we put in writing is what we close on.

03

Certainty of close

Committed capital, clean terms, and closings that happen when we say they will.

Portfolio

Our first acquisition.

Available · Lease or Sale
Houston, TX 77043 · West Houston

10910-B Katy Freeway

A repositioned tilt-wall warehouse on I-10 in West Houston — minutes from CityCentre and the Galleria. Sourced directly from the owner and closed January 2026, on the terms we offered and the timeline we committed to.

Total size
36,833 SF · 1.50 ac
Clear height
32′
Loading
3 dock · 3 drive-in
Power
3-phase, 3,000 amp
Leasing & sales — Stream Realty Partners

Have an asset, a mandate, or capital to place?

Strategy

How we invest.

We work a single, disciplined lane: small industrial buildings, typically under 150,000 square feet, in the four Texas markets we know best.

Institutional capital crowds the top of the market. We buy where Texas businesses actually operate.

We buy directly and underwrite every deal from the ground up — walking every site, verifying everything, and standing behind every number we put in writing.

Why small industrial

Demand is structural. Supply can't respond.

Demand

Small businesses, trades and last-mile services need functional space near their customers. Texas leads the nation in population and business formation.

Supply — avg. annual inventory growth since 2010
~1%
~4%
Small industrialLarge-format
Markets

Four markets. Infill locations.

Houston

Our home market and where we invest most.

Dallas–Fort Worth

The deepest industrial market in the state.

San Antonio

Steady demand and nearshoring tailwinds.

Austin

Growth-driven, selectively pursued.

How we work

Five steps, done in order.

01

SOURCE

Direct relationships with owners and the brokers who know them.

02

UNDERWRITE

Conservative and bottom-up. Every stone turned.

03

ACQUIRE

Straightforward terms, executed as agreed.

04

MANAGE

Hands-on leasing, capital improvements and operations.

05

REALIZE

Disciplined exits, timed to the business plan.

Have a building that fits?

Team

The partners.

More than 25 years in commercial real estate and private investment.

FKFred Knapp

Fred Knapp

Co-founder & Managing Partner

Fred has been directly involved in more than $3.5B of real estate across industrial, office and life science. He founded Transwestern Ventures and closed its inaugural $123M fund, and led acquisitions for EQT Real Estate.

Prior: Transwestern · EQT Real Estate · Morgan Stanley · Cousins · Crow Holdings
Columbia MBATexas A&M BBACPA
fred.knapp@southport-re.com·214.244.7068
HSHugh Stewart

Hugh Stewart

Co-founder & Managing Partner

Hugh has 3.3M SF of investment and development experience across industrial, life science and mixed-use. He was a VP at Transwestern Ventures and, earlier, in investment banking at Lazard and J.P. Morgan.

Prior: Transwestern · Lazard · J.P. Morgan · GE
UT Austin MBACornell BSNAIOP · ULI
hugh.stewart@southport-re.com·281.750.2296
Our mission

To be the most trusted name in Texas industrial real estate — for the owners who sell to us, the brokers who bring us opportunities, and the partners who invest alongside us.

Integrity

We keep our word — to sellers, brokers, tenants, lenders and investors alike.

Discipline

We underwrite conservatively, verify everything, and pass on deals that don’t meet our standards.

Transparency

We communicate plainly and share bad news as quickly as good.

Stewardship

We take care of the buildings, tenants and capital entrusted to us.

Humility

We know what we don’t know — and we do the work to close the gap.

Experience built at
Morgan StanleyLazardEQT Real EstateTranswesternJ.P. MorganCrow Holdings

Want to talk?

Investors

Partner with Southport.

We invest alongside our partners in a market institutional capital wants but can't buy one building at a time.

What to expect

Straightforward, and on time.

Transparent reporting

Quarterly statements and performance written to be read, not decoded.

Frequent updates

Project-level progress on acquisitions, lease-up and disposition.

Documents on demand

Distributions, tax documents and agreements, secure and in one place.

Interested in partnering with us?

Contact

Start the conversation.

I own a building

A confidential conversation with a principal — no pressure, and a straight answer either way.

I'm a broker

Fast, honest answers on anything that fits. Your client relationships stay yours.

I'm an investor

Explore partnering with Southport on current and future investments.

Send →
Office
5757 Woodway Drive
Suite 313, West Building
Houston, TX 77057
Phone
(281) 750-2296
Email
info@southport-re.com