Developers Already Circling Infill Listing

(To read more on the industrial market, click here.)

HOUSTON-A local investment fund is selling one of the largest land blocks in some time to come to market inside the loop. The 8.6-acre tract, assessed at $15 million, now holds warehouses with tenants on short-term leases and long-term promise of a creative redevelopment.

“This is in a corridor that’s been industrial forever and has just been filling in over the past few years with townhomes,” says Jeff Lindenberger with McDade, Smith, Gould, Johnston, Mason & Co. in Houston. The infill tract takes up the corner of Studemont Street and Interstate 10.