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Houston Sale Illustrates “Tremendous Push” for Industrial
Matthews Real Estate Investment Services recently brokered the sale of a multi-tenant industrial asset in Houston. The property at 14310-14329 Interdrive E. is less than five miles from the Houston George Bush Intercontinental Airport and 20 miles from the port of Houston.
“This transaction illustrated the tremendous push we have seen for industrial assets since the beginning of the COVID-19 pandemic,” said Matthews associate Kate Fernandez, who handled the transaction with market leader Andrew Gross.
Fernandez and Gross represented the seller, a private client with a desire to refocus his efforts on his core business. They also sourced the buyer, a Texas-based buyer-broker in search of multi-tenant industrial assets.
The 66,853-square-foot property was built in 1995. Trident Crating & Services, RGR Logistics, Energy Freight Systems, and Realrona/Rosen currently occupy the space.
For comments, questions or concerns, please contact Paul Bubny
- ◦Sale/Acquisition