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Out-of-State Buyer Gets Northwest Building

HOUSTON-With eyes on retirement, the locally based investor takes the first solid deal that comes along for the 1.3-acre asset at 5097 Ashley Court in the Brittmoore Tanner Business Park. The empty 16,000-sf building asking price was $44 per sf.

By Jennifer Brenner Andrade | Updated on October 03, 2003

HOUSTON-A private investor from Houston, now making plans to retire, has sold an empty 16,000-sf industrial building at 5097 Ashley Court in the Brittmoore Tanner Business Park to a Louisiana businessman.

The nine-year-old building in the northwest submarket was on the market about six months before going under contract to James Strickland, Troy Collins with Yancey-Hausman in Houston tells GlobeSt.com. He and Clay Pritchett, also with Yancey-Hausman, represented the building owner in the sale.

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