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Texas  + Industrial  | 

NAI Partners Fund Trades Houston Industrial Park

NAI Partners’ Investment Fund platform has sold Leghorn Service Center, a three-building, 66,530-square-foot industrial park in Houston. NAI acquired the assets in 2019 through NAI Investment Fund II.

A JLL team of Charlie Strauss, Trent Agnew and Katherine Miller acted as the listing broker and procured the buyer, a local private investment group.

“Our leasing team led by Andy Parrish and Lesley Rice did an excellent job driving leasing activity and helping us achieve 100% occupancy in a short period of time,” said NAI Partners’ Andrew Pappas. “This deal is a perfect example of a quality asset that needed hands-on ownership combined with a highly-capable leasing team.”

Adam Hawkins, VP of acquisitions at NAI Partners, added, “This was a great deal for our platform and we are proud of the value generated for our investors. JLL found an excellent buyer and we anticipate their continued success with the project.”

For comments, questions or concerns, please contact Paul Bubny

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

  • ◦Sale/Acquisition
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