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Colliers Brokers Sale Of Industrial Property In La Porte For Strong Market Demand

Property Image
SOLD
Connor Duffy
Todd Moore
Mike Taetz

Texas

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Industrial8,400 SF
Sold 06/25/2024
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Property Image
SOLD

Colliers Brokers Sale Of Industrial Property In La Porte For Strong Market Demand

10819 West Fairmont Parkway

See Similar Deals
Industrial8,400 SF
Sold 06/25/2024
Connor Duffy
Todd Moore
Mike Taetz
the dealplayerscompscontact
Contact now

Summary

TEXAS
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:8,400 SF
Transaction Type:Sale

An ±8,400 square foot single-tenant industrial property at 10819 Fairmont Parkway in LaPorte, Texas was successfully brokered by Colliers. The property is situated in La Porte's industrial submarket, known for its strategic port proximity and low vacancy rate of 2.7%.

Summary of transation details:

The sale was facilitated by Mike Taetz, Todd Moore, and Connor Duffy. The transaction garnered significant interest, leading to the property going under contract within just seven days of being listed. The strong market demand for net lease properties in La Porte's industrial submarket, coupled with limited competition, contributed to the successful sale of the industrial asset.

Players

Todd Moore
Colliers
Todd Moore
19 deals
BROKER
Connor Duffy
Colliers
Connor Duffy
13 deals
BROKER
Mike Taetz
Colliers
Mike Taetz
4 deals
BROKER

Details

SOLD
IMAGE: Connor Duffy, Mike Taetz & Todd Moore DATE: 06/25/2024 ADDRESS: 10819 West Fairmont Parkway MARKET: La Porte ASSET TYPE: Industrial ~ SF: 8,400 ~ ACRES: 0.8 BROKERS: Connor Duffy, Mike Taetz & Todd Moore - Colliers (@ColliersInternational) NOTE: Colliers has successfully brokered the sale of an ±8,400 square foot single-tenant industrial property at 10819 Fairmont Parkway in LaPorte, Texas. Represented by Mike Taetz, Todd Moore, and Connor Duffy, the transaction highlighted strong market demand for net lease properties in La Porte's industrial submarket, supported by its low vacancy rate of 2.7%, strategic port proximity, and limited competition. The property garnered significant interest, going under contract within just seven days of being listed.

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