Edge Capital Markets brokered the sale of 14724 Almeda School Road located in Pearland, Texas, in the Houston MSA.
Micha van Marcke and Chace Henke of Edge represented the seller, a Gulf Coast-based financial institution.
14724 Almeda School Road is a 14,410-square-foot industrial building on 2.39 acres. The property offers immediate proximity to Beltway 8, providing exceptional access to multiple commercial and residential hubs. Additionally, the property is surrounded by strong demographics underpinned by Pearland’s top master-planned communities.
The lender-owned property uniquely offered flexible cash flow with a lease termination right and was ultimately sold to an end-user.