What Vigavi does

Vigavi Realty, LLC is a privately held Houston-based industrial real estate investment and development firm founded in 2009 by Luis Garza Villarreal. The company specializes in speculative and build-to-suit industrial properties — warehouses, distribution centers, logistics parks, and multi-tenant business parks — across the Houston metropolitan area. Its portfolio comprises 19+ developments spanning more than 4 million square feet, with individual assets ranging from ~14,000 SF flex buildings to a planned 2.5 million SF master-logistics park (TradePoint 290), and an additional ~700,000 SF in near-term planned development. Vigavi's technical core competency is ground-up industrial development with tilt-wall construction expertise (over 2.1 million SF completed by its construction team) and submarket-driven site selection near Houston's major transportation corridors and the Port of Houston.

Vigavi generates revenue by developing industrial real estate and either selling completed assets to end-user tenants or institutional investors, or holding them for rental income. Pricing is transaction-based and negotiated per project, with deal sizes spanning from sub-$10M flex-industrial assets to $80M+ institutional-grade logistics facilities. The go-to-market motion is direct enterprise sales to corporate tenants, supplemented by a channel partnership with CBRE for marketing and tenant representation on larger speculative and JV-backed developments. Notable transactions include the build-to-suit sale of a 170,476 SF distribution center to Hallmark Floors (July 2021) and a joint venture with Principal Asset Management to develop the 728,080 SF WestPoint 45 building (groundbreaking September 2024).

The firm is led by Managing Principal Luis Garza Villarreal, Principal & Managing Director Dustin Gillioz, and VP Development Max Machiorlette, with combined prior experience exceeding $5.6B in real estate transactions. Vigavi partners with Parkside Capital and Principal Asset Management on co-development, uses CBRE as its institutional brokerage channel, and draws construction financing from regional lenders such as Amegy Bank. The company is privately held with no disclosed institutional equity backing, ownership appears concentrated among founding principals, and all operations are confined to the Houston metropolitan market.

Name

Vigavi

Legal name

Vigavi Realty, LLC

Website

https://vigavi.com

Company type

Private

Founded year

2009

Operating status

Operating

Headcount range

11–50 employees

Short description

Vigavi Realty is a privately held Houston-based industrial real estate developer founded in 2009, specializing in speculative and build-to-suit warehouses, distribution centers, and logistics parks for corporate tenants and institutional investors across the Houston metropolitan area.

Ownership category

akta.pro rank

Product category

Industrial Real Estate Development

NAICS

Lessors of Real Estate (5311), Rental and Leasing Services (532)

SIC

Real Estate Dealers (For Their Own Account) (6532), Land Subdividers & Developers (No Cemeteries) (6552)

akta.pro primary industry

Commercial Real Estate Asset Management (BPAJAMAB)

akta.pro secondary industry

Commercial Real Estate Brokerage (Leasing & Sales) (FSAEAJAB)

Keywords

• Industrial real estate
• Build-to-suit development
• Logistics parks
• Distribution centers
• Speculative warehouse development

Headquarters

HQ city

Houston

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Supply Chain, Operations, Personnel, Marketing or Sales

Revenue model

1. Industrial Real Estate Development and Sales: Vigavi generates revenue through developing industrial properties (warehouses, distribution centers, logistics parks) and either selling them to end-users or institutional investors, or holding them for rental income. Their development approach includes speculative development and build-to-suit projects for corporate tenants.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

Vigavi is a privately held industrial real estate investment and development firm that develops speculative and build-to-suit industrial properties in the Houston, Texas market. The company sources land, designs, and constructs warehouses, distribution centers, logistics parks, and business parks ranging from small flex buildings to multi-million square foot master-planned developments, and sells or leases these to corporate tenants and institutional investors.

Product overview

Vigavi is a privately held industrial real estate investment and development firm based in Houston, Texas, specializing in speculative and build-to-suit industrial properties in the Houston market. The company's portfolio consists of a diverse collection of industrial developments including logistics parks, distribution centers, business parks, and warehouse facilities. Their product portfolio includes large-scale logistics centers (such as the 728,080 SF WestPoint 45 and 186,368 SF Gateway Southwest Industrial Park Building 3), multi-building business parks (Hardy Business Park, West Ten Industrial Park), mid-size distribution facilities (290 Commerce Center, Southeast Distribution Center), and build-to-suit industrial properties (Thompson Ten – Tidal Tank). These developments range from 14,000 SF flex buildings to multi-million SF master-planned logistics parks, targeting tenants in logistics, distribution, e-commerce, and light manufacturing sectors.

Differentiator

Problem solved

Functional benefit

Products and services

• 225 Logistics Center 403,066 SF industrial logistics facility at 2818 Pasadena Freeway in Pasadena, TX featuring cross-dock configuration, 36-foot clear height, and 86 dock doors; delivered 100% leased.
• WestPoint 45 728,080 SF industrial building on a 42-acre site at 410 West Road, Houston, TX, with 40-foot clear heights and spec office space; developed jointly with Principal Asset Management.
• 290 Commerce Center 141,360 SF last-mile distribution facility at 15318 Cypress North Houston Rd, Cypress, TX.
• Gateway Southwest Industrial Park, Building 3 186,368 SF logistics facility at 12111 McLain Blvd, Houston, TX, located at the intersection of Beltway 8 and Highway 290.
• Wallisville 8 Logistics Center Industrial logistics center with two buildings totaling 262,600 SF (134,600 SF and 128,000 SF) at 16003-16005 Wallisville Rd, Houston, TX.
• Woods Crossing Three-tilt-wall industrial distribution business park totaling 556,800 SF on 36 acres in Brookshire, TX with direct access to Interstate 10, featuring buildings of 100,000-400,000 SF.
• Chambers Parkway Logistics Park 53-acre industrial logistics park at Interstate 10 Service Rd & N Hwy 146, Baytown, TX 77523.
• Hardy Industrial Center 206,333 SF industrial facility at 1202 FM 1960 @ Hardy Toll Road, Houston, TX 77073.
• TradePoint 290 Logistics Park Up to 2.2 MSF logistics park on 173 acres at 290 James R Muse Pkwy, Hempstead, TX 77445 with build-to-suit opportunities; developed in joint venture with Parkside Capital.
• Hardy Business Park Multi-building industrial park with units of 14,000 SF, 22,500 SF, 15,000 SF, and 22,500 SF featuring 20-ton crane capacity, 28-foot eave height, and build-to-suit office options.
• Freehill Business Center 35,200 SF multi-tenant distribution building at 12850 Fuqua St, Houston, TX with rear-load configuration and 24-foot clear height.
• Fairmont Industrial Center 90,000 SF crane-ready industrial buildings on 14.75 acres at 11804 Fairmont Parkway, La Porte, TX with 28-foot clear heights.
• Thompson Ten - Tidal Tank 31,200 SF build-to-suit facility for Tidal Tank on 14 acres at 6503 Thompson Rd, Baytown, TX with direct I-10 access.
• Bay Oaks Business Park 21,951 SF industrial facility on 8.5 acres at 5581 Bay Oaks Dr, Pasadena, TX with 26-foot clear height and high pile permit capability.
• West Ten Industrial Park 35-acre master-planned industrial park on Hwy 90 in Katy, TX with sites available from 1.5 to 16.5 acres, shovel-ready with tax incentive program.
• Southeast Distribution Center 170,476 SF front-load distribution building at 730 Old Genoa Red Bluff Rd, Houston, TX, divisible to 38,415 SF; sold to Hallmark Floors.
• South East Crossing 133,040 SF distribution building on 9.59 acres at 4116 Pasadena Boulevard, Pasadena, TX with 32-foot clear height and 38 dock doors.
• FT Bend Logistics Center

Named customers1 record

Segments1 record

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Five partnerships are on record, tiered core and minor.

• Principal Asset ManagementcoreStrategic or Co-development Partner · 30 September 2024Vigavi and Principal Asset Management formed a joint venture for WestPoint 45, a 728,000-square-foot industrial building in northwest Houston. This partnership represents a significant co-development arrangement for a major speculative industrial development.
• Parkside CapitalcoreStrategic or Co-development PartnerHouston-based Vigavi and Parkside Capital acquired 178 acres along U.S. 290 in Waller County to develop TradePoint 290, a logistics park with up to 2.5 million square feet of industrial space. The joint venture partners acquired the land for this major logistics development.
• CBREcoreChannel Partner/ Reseller/ DistributorCBRE's Tom Lynch, Billy Gold, Faron Wiley, Charles Herold and Brad Smith represented Vigavi Realty in the land acquisition transaction for Woods Crossing. CBRE's Wiley, Herold and Gold handle comprehensive marketing efforts for the project.
• EE ReedminorImplementation/ SI/ Consulting PartnerEE Reed serves as the general contractor for the Woods Crossing industrial development.
• Burton ConstructionminorImplementation/ SI/ Consulting PartnerBurton Construction acted as the general contractor on the Hallmark Floors distribution center project.

Scale indicators7 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Prologis: Largest global industrial REIT and developer. While much larger, Prologis is the dominant industrial competitor in Houston logistics submarkets and the most relevant institutional acquirer of stabilized Vigavi product.
• Stream Realty Partners: National commercial real estate services firm with a strong Houston industrial brokerage and development services presence. Comparable as a larger incumbent active in Houston industrial leasing, investment sales, and development services.
• EastGroup Properties: Public industrial REIT focused on Sun Belt infill warehouse and distribution facilities. Comparable product type and geographic overlap (Houston and Texas industrial markets) but operating as a perpetual capital REIT rather than developer.

Direct peers

• Panattoni Development Company: One of the largest privately held industrial real estate developers in the U.S., doing speculative and build-to-suit logistics, distribution, and warehouse development across multiple markets — directly comparable to Vigavi's Houston industrial development model.
• Crow Holdings Industrial: Industrial real estate arm of Crow Holdings with a national logistics and bulk industrial development platform. Directly comparable on industrial ground-up development and institutional capital partnerships.
• Conor Commercial Real Estate: Mid-size industrial developer with a focus on speculative and build-to-suit warehouse and logistics product in select U.S. markets. Directly comparable in size, product mix, and tenant base.
• NorthPoint Development: Privately held industrial developer focused on speculative logistics parks and master-planned developments across the Midwest and Sun Belt. Comparable to Vigavi on development format and tenant targeting.
• Hillwood Investment Properties: Perot-family industrial and commercial developer with deep Texas presence, developing large-scale logistics parks and industrial campuses. Highly comparable to Vigavi on speculative development, build-to-suit, and master-planned logistics park formats.
• Becknell Industrial: Nationally focused industrial developer specializing in speculative and build-to-suit warehouse and distribution facilities. Comparable in product type, target tenant base, and build-to-suit/speculative dual strategy.

Others

• CBRE Group: Global commercial real estate services firm that already serves as Vigavi's marketing and capital markets partner on multiple Houston projects. Closely tied channel partner rather than direct competitor, but a relevant ecosystem participant.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/vigavi-realty-llc

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Vigavi