Situated on 8.9 acres at 8708 Technology Forest Place,thesingle-story building is 100% master leased by anoperating entityand then subleased to severalnational credit rated tenants,including Maersk Inc., asubsidiary of Maersk Sealand of Denmark;Milwaukee-based Rockwell Automation Inc.; Greenville,SC-basedReliance Electric Industrial Co.; andFleetPride Inc., which isheadquartered in TheWoodlands.

Hallmark says that the buyer was attracted to the20-year masterlease and the non-recourse financingthat was assumable on thesix-year-old building, whichis assessed at $5.2 million, accordingto theMontgomery County Appraisal District.

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