Monday, July 6, 2015

HFF closes sale of fully-leased industrial facility in Houston, TX on behalf of Mayfield Properties, LP


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. 

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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