CYPRESS CREEK, TX-Once home to a dry cleaning distribution business, a 27,500-sf building along Perry Road will be transformed into a substation for the Cypress Creek Fire Department. The asset has traded for close to its $1.2-million asking price.

John Ferruzzo with NAI Houston’s office, tells GlobeSt.com that the volunteer fire organization began looking for a site after a demographics study pinpointed a need in the Perry Road area in the suburb, located north of Houston. “They found out that Perry Road was ground zero for them,” he says. “They felt that was a spot they needed to be.” He adds the firemen initially considered building a facility, but opted for an existing structure after seeing the 12073 Perry Rd. property.

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