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Nearly All Property Types Get New Ownership

For those who doubt Houston’s comeback, a representative sampling of recent office, retail and industrial property sales in Houston submarkets and suburbs may change that thinking.

Industrial, Retail and Office Acquisition 9362/9366 Wallisville Rd. is located on 4.05 acres in the Northeast industrial submarket.

HOUSTON—For those who doubt Houston’s comeback, a representative sampling of recent office, retail and industrial property sales may change that thinking. All are located in Houston submarkets and suburbs.

The largest of the three acquisitions was an office property. Intellicenter, a 160,407-square-foot class-A property recently closed for an undisclosed price. Holliday Fenoglio Fowler marketed the property on behalf of the seller, TA Realty, and procured the buyer, Insite Commercial Real Estate. The property was sold free and clear of financing. Intellicenter is situated on 12.8 acres at 4650 Westway Park within the 3-million-square-foot Westway Park office campus along the West Sam Houston Tollway (Beltway 8).

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Lisa Brown

Lisa Brown

Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.

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