The new owner bought slightly more than nine acres at the intersection of Mowery Road and Edwina Boulevard in the Houston Industrial District. Gary A. Mabray in the Houston office of Colliers International tells GlobeSt.com that the seller, which went out of business a couple years ago, marked the final stage of an asset liquidation with the land sale. He, Charles Herder and Chris Klein, also in Colliers' Houston office, have been piecemeal selling the 14 acres since Westheimer Rigging shut its doors.
All Mabray knew about the buyer's intent is that the land will be developed. John Hilton of H/D Management of Houston represented Allied Asset in the transaction.
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