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Colliers International announces the sale of a 132,000 square foot distribution building in Houston, Texas

Investment sale.

Colliers International is pleased to announce the sale of a 132,000 square foot distribution building located at 6410 West Sam Houston Parkway North in Houston, Texas. David Carter and Jeff Peltier of Colliers International represented the seller in the transaction.

 

FedEx Ground_DC_JP

 

The build-to-suit distribution building sits on 18.155 acres and is currently occupied by FedEx Ground.

 

The Northwest Inner Loop submarket is bound by Highway 290, Beltway 8, Interstate 10 and Loop 610 and contains over 60 million square feet of industrial and flex space. The submarket, which is 91.9% occupied, is the largest of the six submarkets located in Houston’s Northwest industrial corridor. The corridor's average asking rental rate of $7.84 per square foot is lower than the Houston average asking rate of $8.12 per square foot. Nearly 5.1 million square feet of new inventory was added to the corridor in the first half of 2020.


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David Carter

Principal & Director

Houston

David Carter, Principal, Director and sits on the Governance Council. Titans Award recipient for top revenue producer and Everest Award recipient for top production across the enterprise. Carter specializes in the areas of brokerage and investment sales of office, flex and industrial buildings. Carter has successfully represented an extensive client base in dispositions, sale leaseback, build to suit, joint ventures, partnership structure, acquisitions and development.

Expertise, knowledge and commitment to clients are Carter’s skill set that allow his clients to make critical decisions with the right information, delivering valuable real estate solutions to grow their business.

Carter has consistently been recognized as a Houston top producer in commercial real estate since 1997 and has earned the professional designations of Certified Commercial Investment Member (CCIM) and Society of Industrial and Office Realtors (SIOR), President in 2009.

He is a member of NAIOP and licensed real estate broker in the State of Texas, holds a Bachelor of Business Administration degree specializing in Finance from Sam Houston State University and is a member of Sigma Chi Fraternity.

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Jeff Peltier

Senior Vice President

Houston

Jeffrey Peltier, a Senior Vice President with Colliers, is an Office and Industrial Tenant/Landlord Rep advisor, specializing in comprehensive real estate strategies, including financial analysis, lease negotiations, acquisitions and dispositions.  He assists clients in making informed decisions with their office and Industrial space requirements, all while providing excellent service and exceeding his clients’ expectations. Mr. Peltier’s client base ranges from Oil and Gas and engineering firms to companies in the financial and technology industries.

Prior to joining Colliers, Mr. Peltier acquired extensive knowledge while working with the Houston based REIT in project leasing. He was part of the team responsible for leasing the company’s current 6 million square foot office and industrial portfolio. His experience working on the ownership side has allowed him to develop the skills necessary to successfully meet all of the needs of his clients.  Most recently, Jeff was a Tenant Rep Broker at Cresa Houston.

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