Hai Nguyen of Houston, owner of 5719 Clinton Dr., put the two-acre holding on the market about a year ago at an asking price of $725,000, Christopher S. Klein in the Houston office of Colliers International, tells GlobeSt.com. With Cal Western as backfill, the sales push is continuing, he says.
Based in Memphis, Cal Western signed a medium-term lease for the building, which will be used to manufacture cans for its vegetable oil production operation in nearby Jacintoport. Cal Western's main customer is the US government.
Company executives aren't talking, but the can manufacturing operation was relocated from a northeastern US location, according to Klein. He and James Glanville, also in Colliers' Houston office, represented the building owner in the lease negotiations and Farrar-Jackson Properties in Humble, TX negotiated for Cal Western.
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