Wednesday, September 6, 2017

HFF closes sale of 3-building industrial warehouse portfolio in Houston, TX



Claymoore Park Industrial Properties, Houston, TX

Trent Agnew

HOUSTON, TX – – Holliday Fenoglio Fowler, L.P. (HFF) announced it has closed the sale of two assets comprising three infill, industrial warehouse buildings totaling 101,635 square feet in two Houston submarkets.

HFF represented the seller, TA Realty.  ATCAP Partners purchased the property for an undisclosed price.

The properties consist of 3300 Claymoore Park, which is situated on 2.25 acres in the heart of Houston’s Northwest industrial submarket, and 9362 and 9366 Wallisville Road, which is housed on 4.05 acres in the Northeast industrial submarket and has access to the Houston Ship Channel and the Port of Houston.

 Both properties are in infill locations with access to Interstate 10, Highway 290, Sam Houston Tollway (Beltway 8) and Loop 610.  The buildings are 100 percent leased to eight tenants.  Additionally, the Claymoore building is HazMat capable.

HFF’s investment sales team was led by senior director Trent Agnew and senior managing director Rusty Tamlyn.

“There is very little industrial product for sale in Houston, and the fundamentals are exceptionally strong in the two submarkets where these properties are located,” Agnew said.  “We have worked with ATCAP before, and they were a good fit for these two assets, given their ownership of other similar assets here and ability to move quickly.”

For more information on this news release, please contact:

Olivia Hennessey
Public Relations Specialist
HFF | 9 Greenway Plaza, Suite 700 | Houston, Texas 77046
tel 713.852.3403 | fax 713.527.8725 | hfflp.com


No comments: