Michael J. Taetz of the Houston office of Colliers Internationaltells GlobeSt.com that the manufacturing building was shuttered byAvnet Inc. after it acquired Kent Electronics. Taetz and Bill Byrd,also of Colliers, have spent the last six months looking for abuyer. During the marketing period, three to five offers were puton the table for the 6.7-acre asset near the Harwin Streetindustrial sector, says Taetz.
Tom Lynch, Billy Gold and Jeff Pittman, a CB Richard Ellis Inc.team in Houston, represented the buyer. The team also cornered theleasing assignment for the 1970s-era, vacant facility.
According to Taetz, the air-conditioned, tilt-wall buildings arein excellent condition. The industrial space is split equally andthere is 13,000 sf of office space.
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