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Tenant's Site Search Ends in 35,342-SF Building Sale

HOUSTON-A Houston family trust goes on a search for a new site to lease and instead becomes a buyer. The trust's acquisition is a 35,342-sf industrial building in Bellair. Half will be used for corporate offices and the balance leased.

By Jennifer Brenner Andrade | Updated on October 11, 2001

HOUSTON-The Marion M. Griffin Family Trust takes the deed to a 35,342-sf industrial building at 5010 Terminal in Bellair, an incorporated city within Houston.

Jim Bryant of Keller Williams Realty acted on the trust’s behalf. John Ferruzo, vice president, and Jason Whittington, principal, of Houston-based NAI Partners Commercial represented the seller, Seda Felsman.

Whittington tells GlobeSt.com that the trust was looking for a site to lease after outgrowing its other Bellair location. That search turned into a sale. He says the plan is to build out 17,500 sf for the corporate offices of their various businesses, including a computer support systems operation.

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