HOUSTON—With little newer industrial construction to be had, a nine-year-old business park is more than a viable option for an owner seeking big-box warehouses and multi-tenant logistics facilities. That property, Bammel Business Park, is a five-building, class-A industrial property totaling 246,450 square feet. It is situated on 14.1 acres at 4710-4822 North Sam Houston Parkway West (Beltway 8) in Houston's premier Northwest industrial submarket.
FR/Cal Bammel recently sold the facility to Exeter Property Group, which purchased the property for an undisclosed price. Bammel Business Park features 24-foot clear heights, dock-high loading doors, 200-foot shared truck court depths and 12.6% office finish. The one-story buildings are leased to a diverse tenant mix, including Gruma Corporation, Stylenquaza and Motion Industries.
Holliday Fenoglio Fowler LP represented the seller. HFF's investment sales team was led by senior managing director Rusty Tamlyn and senior director Trent Agnew.
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Lisa Brown
Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.
