Chris Caudill and Joel Michael with NAI Houston represented the freight packing and crating company, now located at 16560 Air Center Blvd., in an industrial lease that exceeds five years. The building owner, Grapevine, TX-based JA Green Development Corp., had its terms brokered in-house by Robert Kane. JA Green owns and manages 560,000 sf of office and warehouse space along Greens Road.
Caudill tells GlobeSt.com that Transaction Packing had very specific location and site requirements. "They needed to be near the airport because of their client base," he says, "and they needed some kind of storage." The 2028 Greens Rd. building, which leases for roughly $4.80 per sf, sits on two-plus acres, which gives Transaction Packing the extra storage space they need. "They have product that they can keep in a fenced yard," Caudill says.
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
Already have an account? Sign In Now
*May exclude premium content© 2024 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.
