Marc Drumwright and Chris Hotze, both of Southwest Realty Advisors Houston, have represented the building owner, ACC Development. Drumwright tells GlobeSt.com that Bridgestone/Firestone, the former owner, had used the site for distribution. ACC had renovated the property after purchasing it in January. The building is a freestanding, tilt-wall and brick facility.

The deal has been signed at a good time since rents most likely could go up should the Ports of Houston and Galveston seal a merger deal. The Houston authority already has inked the proposal and Galveston officials will be taking action June 20.

Drumwright says Southwest Realty Advisors, which launched in January 2000, has four build-to-suit projects for an aggregate of 160,000 sf in the works. The deals are finalized, he says, but are in the paperwork process. Additionally, Southwest is participating in a deal to build a 30,000-sf industrial warehouse for Storage Quip, which is scheduled for completion in July. Then in September, the three-broker office will be watching as CMI Moulding moves into its 30,000-sf warehouse. Clay Development & Construction has sold the land and is constructing the warehouse for MCI.