SOLD
NewQuest Properties Brokers $10M Sale Of Industrial Facility Near Houston's George Bush International Airport
2430 Farrell Road
Industrial
75,767 SF
75,767 SF
Sold 190 days ago
Summary
Sale
TEXAS
Industrial
75,767 sqft
A 75,767-square-foot industrial facility near George Bush International Airport has been sold in Houston for $10 million. The facility, which serves the gas turbine industry and is home to Allied Power Group, was sold by Sublime Properties. The buyer, a Canadian family office, was represented by Marc Peeler of NewQuest Properties.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $10,000,000
- Address: 2430 Farrell Road
- Market: Houston
- Acres: 6.5
- SF: 75,767
- PPSF: $132
NewQuest Properties brokered the sale of this industrial facility. Marc Peeler of NewQuest represented both the seller, Sublime Properties, and the buyer, a Canadian family office.
Players
All
2
Agents
1
Agencies
1
Details
SOLD
IMAGE: Marc Peeler
DATE: 10/30/2023
ADDRESS: 2430 Farrell Road
MARKET: Houston
ASSET TYPE: Industrial ~ ACRES: 6.5
SELLER: Sublime Properties
BROKER: Marc Peeler (@Peezy7) - NewQuest Properties (@NQ_Properties)
SALE PRICE: $10,000,000
SF: 75,767 ~ PPSF: $132
NOTE: Houston-based NewQuest Properties has brokered the $10 million sale of a 75,767-square-foot industrial facility near George Bush International Airport. The facility, serving the gas turbine industry and home to Allied Power Group, was sold by Sublime Properties, with Marc Peeler of NewQuest representing the seller and the buyer being a Canadian family office.View on map
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Address2430 Farrell Road
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