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HOUSTON-Hoovers Materials Handling Group Inc. has put an expansion plan into motion, leasing a 260,000-sf flex building in the southern sector. The 15-year lease previously was reported as a consolidation.

“The additional plant capacity will enable Hoover to produce various new products which have been introduced over the past several months that need their own production line,” the Atlanta-based company wrote in a prepared statement for GlobeSt.com about its 15-year lease for 2135 Highway 6 South. “Houston is a desirable location, as the majority of our products go to the Gulf region.” Hoovers intends to maintain its manufacturing and distribution operations in Beatrice, NE.

The lease signing occurred within days of the building’s sale by Dresser Inc. of Addison, TX to Dallas-based 2135 Six Industrial Ltd. for close to the $10.8-million asking price. Mark Nicholas, senior vice president in Houston for the Staubach Co. represented the seller while Doug Nicholson with Grubb & Ellis Co.’s Houston office handled the buy side. Hoovers’ tenant rep team consisted of John Clark, Chris Caudill and Joe Michael with NAI Houston.



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