Skip to main content Skip to footer

Colliers announces two recent transactions at Tomball Business and Technology Park

Colliers is pleased to announce two recent transactions in Tomball Business and Technology Park located at the NWC of Holderrieth and Hufsmith-Kohrville in Tomball, Texas.

 

CCJ Collaborations, LLC purchased Lot 16, ±4.65 acres of land, from Tomball Economic Development Corporation (TEDC).  CCJ Collaborations plans to build and occupy a ±10,500 square foot brewery and restaurant on the lot. The buyer was represented by Ryan Hutson with the J. Beard Company.

 

To still allow for a larger development site at the park, TEDC has purchased and reacquired ±10.6 acres of land from Packers Plus Energy Services located at the southeast corner of Spell Road and South Persimmon Road. This lot in combination with Lot 8, an existing ±7.8 acres, will provide ±18.4 acres of contiguous available land. The seller, Packers Plus Energy Services, was represented by Kristian Nielsen with NGKF.

 

Tom Condon, Jr., senior vice president, of Colliers in The Woodlands, represented Executive Director Kelly Violette and Board President, Mayor Gretchen Fagan at Tomball Economic Development Corporation (TEDC) in both transactions. Jane Matthews with Stewart Title in Tomball coordinated the closings.

 

The Tomball Business and Technology Park is located in the North Freeway/Tomball Parkway industrial submarket. The submarket added 3.1 million square feet of new industrial/flex product in 2020. Overall occupancy is 87% and the average asking rental rate is $8.48 per square foot.

TBTPAerialMapforPR21721


Related Experts

Tom Condon Jr.

Principal

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.

View expert