(To read more on the industrial market, click here.)
HOUSTON-A local investment fund is selling one of the largestland blocks in some time to come to market inside the loop. The8.6-acre tract, assessed at $15 million, now holds warehouses withtenants on short-term leases and long-term promise of a creativeredevelopment.
"This is in a corridor that's been industrial forever and hasjust been filling in over the past few years with townhomes," saysJeff Lindenberger with McDade, Smith, Gould, Johnston, Mason &Co. in Houston. The infill tract takes up the corner of StudemontStreet and Interstate 10.
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