NextForce Capital Acquires Development Site For Kenswick Business Park From Harris County

The asset involved in this transaction is a development site located at 8415 FM 1960, Humble, Texas. The site spans a total of 357,714 square feet and is set to become Kenswick Business Park, which will feature a 106,720-square-foot industrial business park. The location is strategically positioned along the FM 1960 corridor, adjacent to Deerbrook Mall and in close proximity to Highway 59/I-69, enhancing its visibility and accessibility.

Summary of transation details:

• Property Type: Development Site
• Transaction Amount: Not specified
• Buyer: Shahrukh Ahmed, Umar Qureshi, Sunil Parmar, Akil Kurji, Haroon Dosani, Sachin Patel, Rajan Mistry
• Seller: Harris County
• Brokers: Joshua Sabesta - S&P Interests; Bill Byrd - Colliers
• Buyer's Attorney: Zeshaan Samani - Samani Law Firm

The acquisition of the land for Kenswick Business Park is a collaborative effort led by NextForce Capital in partnership with Elevate Development Management. This project represents a strategic advancement in NextForce Capital’s initiative to develop well-located industrial assets across Texas. With the completion of the land acquisition, the team is set to proceed with design, permitting, financing, and development phases.