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Colliers sells ±3.2 acres of raw land in Conroe, Texas

Airport Road AC_HERO_1536x1040

Colliers is pleased to announce the sale of ±3.2 acres of raw land on Airport Road in Conroe, Texas. The buyer, Alliance 40, LLC, was represented by Anasofia Sada Mendez of Zarco Properties, LLC. Tom Condon, Jr. and John Grimsley of Colliers and Raymond C. Schuler, SIOR, CCIM of Kidder Mathews-Tacoma, WA, represented the seller, NWC #6, LLC, in the transaction.

The property is located in close proximity to Lone Star Executive Airport, Lone Star Convention & Expo Center and Conroe North Industrial Park/Deison Technology Park. The property sits in a high-growth industrial corridor and has over 234 feet of frontage on Airport Road.  

The property is located in Houston's The Woodlands/Conroe industrial submarket. The submarket contains 31.8 million square feet of industrial space which is currently 95.9 percent occupied. The average asking market rental rate is $10.57 per square foot and there is 1.7 million square feet of industrial space currently under construction in the submarket.

Airport Road Property Photo


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Tom Condon Jr.

Principal

Houston - The Woodlands

With more than 30 years of real estate experience, Mr. Condon joined Colliers brokerage team in 2013.  Mr. Condon is known for providing his clients a distinct advantage in the successful resolution of the challenges faced in today’s real estate market.

Immediately prior to joining Colliers, Mr. Condon was with The Betz Companies for 19 years during which he specialized in investment properties, land transactions (including commercial industrial and residential tracts), and the sale of commercial (office and industrial) buildings. Mr. Condon spent the first nine years of his business career with First City Bancorporation in multiple assignments involving operations, leasing, commercial and real estate lending, loan work-outs and ultimately managing and marketing a diversified portfolio of foreclosed properties. Mr. Condon also spent three and a half years with Banc One’s Bonnet Resources Corporation expanding his expertise in the marketing and disposition of an even wider array of assets in Texas and other states.

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John Grimsley

Associate

Houston - The Woodlands

John joined The Woodlands office as an Associate in May 2022.  John works with Tom Condon, Jr. and Michelle Soderberg in the Industrial and Land Services group. His primary responsibilities include managing overall brokerage activity for new land and industrial properties, site selection, gathering market information as well as improving property listings.

John earned a Bachelor of Science with a concentration in psychology from Texas Wesleyan University. 

He played baseball for the University of San Diego, San Jacinto College and the University of Houston, where he led his teams to three different conference titles as well as a national runner-up finish in the 2016 NJCAA Baseball World Series.

John has a wide array of experience that includes time selling cars for Chrysler in Indiana and Texas to managing the caddie program and outside staff operations at The Clubs at Houston Oaks. 

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