"Although the overall market has experienced some softening, theindustrial real estate market still demonstrates strong demand forwell-positioned real estate for investment by both the private andpublic sectors," according to Colliers Houston vice presidentMichael Markey. Markey and associates Rick Arzapalo teamed up forthe transaction. "The I-287 and New Jersey Turnpike corridorscontinue to stand out as a showcase for functional industrialproduct."
The Cottontail Lane building is located at Exit 12 of I-287. Thestructure features 26-foot ceilings, 10 tailgates and offices ontwo floors.
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