NextForce Capital Purchases Monroe Business Park Development Site From Craig Bigby In Houston

The property involved in this transaction is a development site located at 0 Monroe Road in Houston, covering an area of 246,114 square feet. The asset is intended for a significant development project that includes a 75,000-square-foot office and warehouse, planned to be part of the Monroe Business Park.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: Not disclosed
• Address: 0 Monroe Road
• Market: Houston
• Buyer: Shahrukh Ahmed, Sunil Parmar, Haroon Dosani, A.K. Kurji - NextForce Capital; Umar Qureshi
• Seller: Craig Bigby
• Buyer's Representative: Joshua Sabesta - S&P Interests
• Attorney: Zeshaan Samani

This transaction was led by NextForce Capital’s CEO Shahrukh Ahmed, alongside Managing Partners Sunil Parmar and Umar Qureshi, all of whom play significant roles in this project aimed at developing modern flex industrial assets in Houston's urban core.