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10210 Georgibelle Drive
SOLD

Pagewood Acquires Georgibelle Business Park In Houston With Texas First Bank Financing

10210 Georgibelle Drive

Industrial
102,100 SF
clock iconSold 82 days ago
Nick Spearman
Justin Patchen
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Summary

Sale
TEXAS
Industrial
102,100 sqft

The Georgibelle Business Park, a 102,100-square-foot industrial property located at 10210 Georgibelle Drive in Houston, has been acquired by Pagewood. The property sits on a 4.5-acre site and consists of nine buildings ranging from 3,798 to 16,800 square feet. The seller of the property was Buffalo Real Estate Partners.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: Not specified
  • Buyer: Paul Coonrod - Pagewood
  • Seller: Buffalo Real Estate Partners
  • Buyer's Representative: Nick Spearman - Pagewood
  • Seller's Representative: Justin Patchen - Buffalo Real Estate Partners
  • Lender: Texas First Bank

Financing for the acquisition of Georgibelle Business Park was provided by Texas First Bank, allowing Pagewood to initiate a value-add program for the industrial property. Nick Spearman represented Pagewood in the transaction internally, while Justin Patchen acted as the internal representative for the seller, Buffalo Real Estate Partners.

Players

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    5

  • Agents

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Nick Spearman's profile picture
Nick Spearman
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Senior Associate

Details

Deal Summary
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SOLD
IMAGE: Paul Coonrod, Nick Spearman & Justin Patchen DATE: 04/29/2024 ADDRESS: 10210 Georgibelle Drive MARKET: Houston ASSET TYPE: Industrial ~ SF: 102,100 ~ ACRES: 4.5 BUYER: Paul Coonrod (@PaulCoonrod) - Pagewood (@Pagewoodcre) SELLER: Buffalo Real Estate Partners BUYER'S REP: Nick Spearman - Pagewood SELLER'S REP: Justin Patchen - Buffalo Real Estate Partners LENDER: Texas First Bank (@TexasFirstBank) NOTE: Pagewood, a local investment firm, has acquired Georgibelle Business Park, a 102,100-square-foot industrial property in West Houston. The park includes nine buildings ranging from 3,798 to 16,800 square feet situated on a 4.5-acre site. Nick Spearman facilitated the transaction internally for Pagewood, while Justin Patchen represented the seller, Buffalo Real Estate Partners, also internally. Financing for the acquisition was provided by Texas First Bank, enabling Pagewood to proceed with a value-add program for the park.

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Address10210 Georgibelle Drive

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