HOUSTON-Carson Cos. added another asset to its growing area portfolio, taking ownership of a 148,850-sf distribution building. The company acquired the 10-year-old asset from a Louisiana partnership through an off-market transaction.

Though price was kept confidential, area sources note that similar buildings in the area have sold for between $50 and $60 per sf. The property, situated on 9.15 acres at 6300 West by Northwest Blvd. was 84% occupied.

“There’s one remaining vacancy in the property, and Carson will invest some capital in building out the remainder as office space,” says David M. Boyd, principal with Boyd Commercial LLC in Houston. Boyd, who represented seller MBW Houston LP says the new owner will also extend the driveway and build a parking lot for the building.

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