Colliers is pleased to announce the sale of a ±24,000 square foot, two building industrial facility located at 2413 Wilson Road in Humble, Texas. The buyer, Jaguar Commercial Properties, was represented by Chase McAteer of Oxford Partners. Tom Condon, Jr. of Colliers represented the seller, R.B. Machine Works, in the transaction
"We were pleased to be able to accommodate the Buyer's need to move-in two months early while they completed their financing arrangements," said Roger 'Bo' Bethune, President of R.B. Machine Works. "The transition upon closing was seamless."
The office/warehouse space is comprised of two buildings situated on ±7.24 acres with land available for expansion. The property features utilities provided by City of Humble, is fenced and cross-fenced with motorized gates, and all buildings are 100% HVAC and have natural gas service. The facility has convenient access to Beltway 8 and Interstate 69 with access via Wilson Road Court, a 50' wide shared private driveway.
The property is located in Houston's Northeast Hwy 90 industrial submarket. The submarket contains 25.9 million square feet of industrial space which is currently 91% occupied. There is 445,000 square feet of industrial space currently under construction in the submarket.