(Read more on the industrial market.)
STAFFORD, TX-The Newport Beach, CA-based Carson Cos. has madeits first move into Houston's far southwest submarket, acquiring137,536 sf of distribution and flex space leased for the long termto Alpha Shirt Co. Experts say the buyer has shelled out $7 millionto $10 million for the triple net-leased asset.
According to Fort Bend Central Appraisal District, the class Aindustrial building and 9.8-acre tract at 13127 Trinity Dr. isassessed at $7.2 million. Dan Zoch, Carson's managing director inTexas, tells GlobeSt.com that Alpha Shirt has room to build ontothe eight-year-old building if it wants.
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