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| Bammel Business Park, Northwest Houston, TX |
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| Rusty Tamlyn |
HOUSTON, TX –– Holliday
Fenoglio Fowler, L.P. (HFF) announced it has closed the sale of Bammel Business Park, a five-building,
Class A industrial project totaling 246,450 square feet in in northwest
Houston, Texas.
HFF represented the
seller, FR/Cal Bammel. Exeter Property
Group purchased the property for an undisclosed price.
Bammel Business Park is
situated on 14.1 acres at 4710-4822 North Sam Houston Parkway West (Beltway 8)
in the Northwest Industrial submarket, Houston’s premier industrial submarket.
The property has immediate access from
Beltway 8 in addition to visibility from more than 150,000 vehicles per day and
proximity to Bush Intercontinental Airport.
Completed in 2008, Bammel
Business Park features 24-foot clear heights, dock-high loading doors, 200-foot
shared truck court depths and 12.6 percent office finish. The one-story buildings are leased to a
diverse tenant mix, including Gruma Corporation, Stylenquaza and Motion
Industries.
HFF’s investment sales
team was led by senior managing director Rusty
Tamlyn and senior director Trent
Agnew.
“This offering generated
substantial interest due to the value-add nature, deal size, newer product in
northwest Houston and very little product on the market for sale,” Tamlyn said.
For a complete copy of the company’s news release,
please contact:
Kristen M. Murphy
Director, Public Relations
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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