Ferruzzo tells GlobeSt.com NRM Equipment is an entity formed byHouston-based Control Rooms of Texas to purchase the building.Control Rooms of Texas has been a tenant in the building for overten years, notes Ferruzzo. With six to nine months left on theircurrent lease, the firm organized themselves to purchase thebuilding. Control Rooms of Texas uses the facility to manufacturebig-box power generators for use in remote locations such as oilrigs or desert expeditions.

The 40-year-old building, which Ferruzzo says has been renovatedover the years, has been owned since the mid-1980s by Houston-basedChapman & Cole. Chapman & Cole represented themselves inthe deal.

Ferruzzo wouldn't disclose the sale or asking price, noting thatthe building was not officially on the market, but an independentreal estate expert tells GlobeSt.com the property, which iscrane-served and has excess land, would be worth somewhere near$700,000.