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Colliers International announces the sale of 2.8 acres at Tomball Business and Technology Park

Industrial Sale.

Colliers International is pleased to announce the sale of a ±2.8 acre tract of land at the northeast corner of Spell Road and South Persimmon Road (Lot 11) in Tomball, Texas. The buyer, PDGL Partners LP, is led by Dave Mitchell and Peter Goldsmith.This will be a speculative development project in Tomball Business and Technology Park and will consist of a ±39,000 square foot multi-tenant tilt-wall, office/warehouse. This new project is anticipated to break ground in late 2020.

The seller, Tomball Economic Development Corporation, was represented by Tom Condon, Jr., senior vice president Colliers International in The Woodlands. Jane Matthews with Stewart Title in Tomball coordinated the closing.

tomball business and tech park_2020

The North Freeway/Tomball Parkway submarket, strategically located between Highway 249 and I-45 North, encompasses 30 million square feet of industrial and flex space. The submarket, which is 88.5% occupied, is the second largest of the four submarkets located in Houston’s North industrial corridor.

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Tom Condon Jr.


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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