HOUSTON-Another manufacturing site has been snatched up by a residential developer seeking to feed the appetite for in-town living options in Houston.

Locally based Caspian Homes has acquired 5401 Lawndale St., a former door manufacturing facility situated about four miles southeast of the downtown. The buyer did not return telephone calls by publication time for comment about its plans for the site, which was on the market about 1.5 years. The listing received several offers, all from residential developers, John M. Talhelm in the Houston office of Cushman & Wakefield of Texas Inc. tells GlobeSt.com of the disposition by Woodlands Millwork I Ltd., a Masonite Corp. subsidiary that moved out of state.

Talhelm and C&W's Kevin Erck held the listing for 214,831-sf facility on 10.4 acres. The asking price was about $2.5 million. Mike Sarfati, an independent broker from Houston, represented Exchangers Intermediary Service Inc., the Caspian affiliate that served as the buyer of record.

Recommended For You

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM Digital Member, you’ll receive:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.