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Houston Investors Buy 53,750-SF Office/Warehouse

HOUSTON-GSL Investments acquires a fully leased property on 2.2 acres in an ongoing portfolio building to take advantage of today's market conditions. Strohmer Symphony is the seller of 9111 Glesby St.

By Jennifer Brenner Andrade | Updated on October 22, 2002

HOUSTON-Locally based GSL Investments, in its active pursuit of industrial properties for long-term investment, has just purchased a 53,750-sf office/warehouse situated on 2.2 acres in Houston’s northeast corridor.

Howard Castleberry, GSL’s executive vice president and principal, tells GlobeSt.com that the property at 9111 Glesby St. fits the criteria of the single-tenant office/warehouses that GSL favors when it goes to buy. The building is in good condition, in a good location and has a good tenant with a long-term lease.

The 9111 Glesby St. building is fully leased to Insta/Bulk, a Houston-based company that specializes in lining sea containers with sterile, germ-free plastic for the transportation of grains and other semi-perishables.

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