NAI Partners recently arranged one industrial sale and two leases in Texas. The transactions involved properties in Houston and in Austin.
For the sale, NAI Partners’ Joel Michael represented the RL3 Properties in their acquisition of 9100 Caniff Street in Houston, a 16,500-square-foot, freestanding industrial building sitting on 2.2 acres. Terms of the deal were not disclosed.
NAI Partners’ Chris Caudill & Troy Martin represented Geospace Technologies Corporation—a manufacturer of scientific instrumentation and equipment for the petroleum industry—in their 9,145-square-foot lease at 8701 Cross Park Drive in Austin. Jay Legg with MFB Real Estate represented the Landord, 5205 Acquisitions, LLC in the transaction.
Finally, NAI Partners’ Jon Silberman represented Modern Chemical, LLC in their 18,573-square-foot lease at 1103 East Airtex in Houston. NAI Partners’ Travis Land represented the landlord in the transaction. Airtex Business Park consists of four distribution buildings and was developed by Adkisson Group. There is one building left available in the park for sale or lease located at 1133 East Airtex.
