Capital Real Estate Investments And Randol Tellkamp Acquire Industrial Asset In New Caney For Sale-Leaseback

The property involved in this transaction is an industrial asset located at 18913 Phillip Way, New Caney, TX. It has a total square footage of 55,700. The transaction represents a significant addition to the portfolio of Capital Real Estate Investments through a long-term sale-leaseback arrangement.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: Not disclosed
• Address: 18913 Phillip Way
• Market: New Caney
• Buyer: Capital Real Estate Investments & Randol Tellkamp - NC Cowboys
• Seller: Guillermo Amtmann
• Buyer's Representatives: Troup Rolland, Matt Cooper, Carson Deer & Blake Deer - Capital Real Estate Commercial
• Seller's Representatives: Wyatt Huff & Hunter Stockard - Partners Real Estate

This transaction was facilitated by the collaborative efforts of the representatives from both the buyer and seller sides. Capital Real Estate expressed gratitude towards NC Cowboys, particularly Randol Tellkamp, for partnering with them on the deal, while also acknowledging the work of Partners brokers, Hunter Stockard and Wyatt Huff, for ensuring a smooth closing process at Park House.