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| 8451 Market Street, Houston, TX |
HOUSTON, TX, July 6, 2015
– Holliday Fenoglio Fowler, L.P. (HFF) announced today that it has closed the
sale of 8451 Market Street, a
120,810-square-foot industrial facility in Houston, Texas.
HFF marketed the asset on
behalf of the seller, Mayfield Properties, LP.
ATCAP Partners purchased the asset for an undisclosed amount all cash
and was assisted by HFF in arranging acquisition financing.
HFF was also involved in the prior sale of
the property to Mayfield in 2010.
8451 Market Street is situated on five acres
near the intersection of Interstate 10 East and Loop 610 adjacent to the
Budwieser (Div Enbev) beer plant and the Houston Ship Channel, six miles east
of Houston’s central business district.
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| Rusty Tamlyn |
The property features 24’
ceiling heights and a 7.8 percent office build-out. Tenants at the fully-leased facility include
Santini Export Packaging Corporation, who has been in continuous occupancy
since the early 1980’s, as well as Area Wholesale Tire and Interglobal
Plastics.
The HFF investment sales team representing the
seller was led by senior managing director Rusty
Tamlyn, director Trent Agnew and
real estate analyst John Rogers.
HFF’s debt placement team
was led by senior managing director Brian
Carlton.
For
a complete copy of the company’s news release, please contact:
Kristen Murphy
Associate Director
HFF | One Post Office
Square, Suite 3500 | Boston, MA 02109
Main: 617-338-0990 |
Direct: 617-848-1572 | Cell: 617-543-4873 | www.hfflp.com
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