Skip to main content Skip to footer

Colliers announces the sale of a 8,000 square foot industrial warehouse in Houston

 

Colliers is pleased to announce the sale of a 8,000 square foot industrial warehouse located at 16518 Aldine Westfield in Houston, TX. Todd Moore of Colliers represented the buyer, Amherst 1031, in the transaction. The seller, Kaybay Investments, was represented by Travis Land of NAI Partners.

The 8,000 square foot freestanding industrial building is situated on 0.95 acres with frontage on Aldine Westfield. The property was built in 2008 and features a 1,500 square foot office space, two grade level loading doors and a 10 ton crane. The tenant, Cryostar USA, has occupied the property since 2014 and recently executed a 5 year renewal.

 

The property is located in Houston's North Hardy Toll Road industrial submarket. The submarket contains 43 million square feet of industrial space which is currently 90 percent occupied. The average asking rate in the submarket is $7.83 per square foot.

Related Experts

Todd Moore

Principal

Houston

Todd Moore joined Colliers International | Houston in November 2020 as a Principal where he focuses on investment sales of industrial, office, retail and sale leaseback transactions.

Prior to joining Colliers, Mr. Moore served as Director at Stan Johnson Company (SJC) where he spent nine years representing buyers and sellers of net leased assets throughout the United States. During his time with SJC, he transacted close to half a billion in investment sales and was recognized with the Sales Excellence Award and as a Top 10 Producer. He brings more than 12 years of commercial real estate experience to the Colliers team and has a unique ability to effectively analyze and transact leased investment property. 

Mr. Moore’s primary focus is on developers and investor clients in the industrial, office and retail market sectors throughout the United States. His commitment to client services promotes the development of strong relationships with top developers, Real Estate Investment Trusts (REIT) and private investors across the country.

View expert