SOLD
GID Acquires Beltway Northwest Industrial In Houston
4100-4500 North Sam Houston Parkway West
Industrial
598,000 SF
598,000 SF
Sold 14 days ago
Summary
Sale
TEXAS
Industrial
598,000 sqft
The industrial property involved in the transaction is Beltway Northwest, located at 4100-4500 North Sam Houston Parkway West in Houston. The property spans 299,000 square feet and comprises five buildings with clear heights ranging from 17 to 24 feet. It features 62 dock high doors and 18 drive-in doors. Built in 2007, the property is currently fully leased to 17 tenants.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not disclosed
- Buyer: Gregory S. Bates - GID
- Seller: Not disclosed
- Leasing Agent: Transwestern
GID, an alternative investment management firm, acted as the buyer in the transaction. The property, with its multiple buildings and diverse tenant base, presents a strong investment opportunity. The appointment of Transwestern as the leasing agent signifies a proactive approach to maintaining and enhancing the property's leasing operations.
Details
SOLD
IMAGE: Gregory S. Bates
DATE: 04/24/2024
ADDRESS: 4100-4500 North Sam Houston Parkway West
MARKET: Houston
ASSET TYPE: Industrial ~ SF: 299,000
BUYER: Gregory S. Bates - GID (@GIDIndustrial)
NOTE: GID, an alternative investment management firm, recently purchased Beltway Northwest, a 299,000-square-foot industrial property in Houston featuring five buildings with clear heights ranging from 17 to 24 feet, 62 dock high doors, and 18 drive-in doors. The property, fully leased to 17 tenants, was built in 2007, and the seller and sales price were not disclosed. Transwestern has been appointed as the leasing agent for the property.View on map
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Address4100-4500 North Sam Houston Parkway West
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