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Colliers International announces the sale of 151,260 SF distribution building in Houston, Texas

Colliers International is pleased to announce the sale of 151,260 square feet at 12614 Hempstead Highway Houston, Texas 77092. The seller, STAG Houston 3, LP was represented by Ryan Byrd and Walker Barnett of Colliers International. Jason Tangen, also with Colliers International, represented the buyer, NIT Industrial.

 

NIT Industrial purchased the property as an investment opportunity and plans to make capital improvements for immediate move-in. This is the second acquistion for NIT in the Houston market within six months. The buyer was attracted to the property based upon its location and strength of the immediate submarket. Colliers International will represent the new ownership in its marketing efforts.  

 

Click here to learn more about the property. 

12614 Hempstead

 


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Ryan Byrd

Principal & Director

Houston

Ryan specializes in both Landlord and Tenant representation of industrial space. He has experience in both existing and ground up industrial properties as well as land acquisitions and dispositions. He strives to ensure that his clients exceed their goals and supports all projects from beginning to end.

Ryan joined Colliers in 2013 as an associate on the industrial team. After seven years, Ryan became the youngest Principal in company history. Since joining Colliers, Ryan has completed more than 40 million square feet of industrial transactions and more than 700 acres of land transactions.

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Walker Barnett

Principal & Director

Houston

Walker focuses primarily on industrial real estate sale and lease transactions involving warehouses, manufacturing facilities and land in the greater Houston area. He was named Principal in 2010, and was elected as a Director in 2013. He serves on the firm’s Governance Committee. He also leads the industrial division of the firm, a group comprised of 28 industrial real estate specialists. He has demonstrated consistent leadership in revenue production and has been recognized as a regular top ten performer in Houston. Walker has also achieved revenue performance in the top 10% of all Colliers offices worldwide.

Prior to joining Colliers, he graduated from the Jesse H. Jones Graduate School of Management at Rice University in 2002. While earning an MBA, he worked for FedEx in Hong Kong. Prior to graduate school, Mr. Barnett served for four years on the legislative staff of United States Senator Bill Frist in Washington, DC. 

He graduated from Vanderbilt University in 1996.

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Jason Tangen

Principal

Houston

Jason focuses primarily on industrial real estate investment sales. This includes buyer representation, property disposition, build-to-suit evaluations, development, sale-leasebacks, design-build, and other investment oriented transactions. He has more than 10 years of experience within the investment services sector and represents clients ranging from small private funds and family offices to publically traded REITs and other institutional investors.

Prior to Colliers, Jason worked for a small boutique commercial real estate firm where he was responsible for the upstart of the investment sales division.

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