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COE Distributing and OfficeSource select Houston as their new home in Texas

Industrial Lease.

CCOE Distributing_logos 

CCOE Distributing 

JMJS Inc. dba COE Distributing, a nationwide wholesale distributor of office furniture, has chosen Houston as their new home in the state of Texas.

 

The office furniture distributor signed a 251,754 square foot lease at Highland Grove Industrial Park located at 10620 Telge Road, Houston, Texas 77095. The property landlord, CRP/CHI Randalls Owner, LP was represented by Cory Driskill and Travis Covington of Crow Holdings Industrial and Faron Wiley of CBRE. John Parsley, SIOR, principal and director, Barrett Gibson, principal and Jason English, vice president of Colliers International represented COE Distributing in the transaction.

 

As a third-generation family-owned company, COE Distributing has grown exponentially. With warehouse space in Pennsylvania and their second distribution center in North Carolina, they are expanding their distribution footprint in Texas to better serve the clients in this region.

 

“While seeking to expand in the Texas region, Houston made perfect sense to us for many reasons, “J.D. Ewing, CEO | COE Distributing “We have a customer concentration, it’s a major port city and a strong workforce experienced in distribution. We are excited to strengthen our presence in Texas.”

 

Highland Grove Industrial Park is located in the heart of Northwest Houston. It consists of six buildings, measuring roughly one million square feet. COE Distributing will be leasing newly renovated cross dock space where the former Randalls regional distribution center used to be located. A part of the renovation was splitting the 750,000 square foot industrial distribution facility into two separate buildings. The parks location provides great transportation to Highway 290 with multiple points of ingress and egress.

 

“We are excited that COE Distributing chose Highland Grove to be their first Texas based distribution location. It’s encouraging to see more and more companies looking to Houston to be primary to their regional and national supply chain network. The team, Colliers International and COE Distributing were a pleasure to work with throughout the transaction and we look forward to being a part of their continued growth.” said Cory Driskill, managing director with Crow Holdings Industrial.

 

The Northwest Houston submarket is an ideal location to distribute to all key market places. The submarket is currently 93% leased and has 1.5 million square feet of space under construction.

 

“We are honored to have represented COE Distributing in this transaction. Our search began with over 30 properties, and our client chose this site in Houston because it is in a strategic location for distributing to the key Texas markets; Austin, San Antonio, and Dallas. Along with those key markets, COE Distributing and OfficeSource bring in products from all over the U.S., Malaysia, Vietnam, etc., which makes the location near the Port of Houston an ideal location for them. “said Barrett Gibson, principal of Colliers International.

 

As a leader in the wholesale office furniture industry, COE Distributing has taken an extra step to satisfy their customers by introducing their private label, OfficeSource, which focuses on forward-thinking products for today’s work environment. From the high-end executive office to a small office tucked in the corner of a home, they provide modern, sleek, comfortable, and efficient furniture options that will meet any budget.

 

To learn more about COE Distributing and OfficeSource, visit: www.coedistributing.com and www.officesourcefurniture.com


Related Experts

John Parsley

Principal & Director

Houston

Mr. Parsley has been involved in all phases of the commercial real estate industry including design, construction and architectural for more than 26 years. John joined Colliers in 1999 and is a Principal and Director of the firm. He specializes in leasing office and investments including the acquisitions and dispositions of commercial buildings. Throughout his career he has represented a wide range of public and private companies in the office, industrial and investment areas, including many law firms, energy, financial services and technology firms.  

John has consistently been a Colliers’ Top 10 producer and was named a “Heavy Hitter” by the Houston Business Journal. He previously served as the President of HOLBA and in 2003 earned his SIOR designation. The SIOR designation is a professional symbol of the highest level of knowledge, production and ethics. Only 2,800 commercial brokers worldwide have earned this designation and less than 1,000 are office specialists. John lives by the philosophy of providing the highest level of service to clients, which means being involved in all phases including negotiations, analytical and market research while keeping the client fully informed throughout the entire transaction.

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Barrett Gibson

Principal

Houston

Mr. Gibson specializes in industrial tenant and buyer representation, property disposition, design/construct, build-to-suit evaluations, development and investment transactions.  He has more than 15 years of commercial real estate experience in the industrial and land sector and represents clients with a local presence as well as clients nationally and internationally.

In 2014, Barrett was a Colliers' Everest Award recipient. This award, created in 2011, is bestowed upon the top 10% of all Colliers professionals in brokerage, valuation and corporate solutions across the U.S. business based on revenue production.

Previously Barrett was a Senior Broker at NAI Houston for more than 10 years. In late 2011, he became Managing Principal at Cresa Houston when his firm, Houston-based Gibson & Granello Realty Partners LLC, merged with the local Cresa office.  

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