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Colliers Facilitates Sale Of Industrial Building Leased By Baker Hughes In Pleasanton

Property Image
SOLD
Connor Duffy
Todd Moore
Barkley Peschel

Texas

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Industrial10,203 SF
Sold 04/08/2024
the dealplayerscompscontact
Property Image
SOLD

Colliers Facilitates Sale Of Industrial Building Leased By Baker Hughes In Pleasanton

495 Shale Rd

See Similar Deals
Industrial10,203 SF
Sold 04/08/2024
Connor Duffy
Todd Moore
Barkley Peschel
the dealplayerscompscontact
Contact now

Summary

TEXAS
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:10,203 SF
Transaction Type:Sale

The sale involved a 10,203 square foot industrial building located at 495 Shale Road in Pleasanton, TX. The property sits on 9.6 acres and was part of a robust transaction reflecting the strength of the energy industry in the Eagle Ford Shale region. The building was leased by Baker Hughes as part of a 1031 exchange, showcasing stable CAP rates despite recent interest rate increases.

Summary of transaction details:

Colliers played a key role in facilitating the sale of the industrial building, representing a private seller in the transaction. The involvement of Barkley Peschel, Connor Duffy, and Todd Moore from Colliers highlights the expertise and professionalism required in closing such real estate deals.

Players

Barkley Peschel
Colliers
Barkley Peschel
12 deals
BROKER
Todd Moore
Colliers
Todd Moore
19 deals
BROKER
Connor Duffy
Colliers
Connor Duffy
13 deals
BROKER

Details

SOLD
IMAGE: Barkley Peschel, Connor Duffy & Todd Moore DATE: 04/08/2024 ADDRESS: 495 Shale Road MARKET: Pleasanton ASSET TYPE: Industrial ~ SF: 10,203 ~ ACRES: 9.6 BROKERS: Barkley Peschel, Connor Duffy & Todd Moore - Colliers (@ColliersInternational) NOTE: Colliers has facilitated the sale of a 10,203 square foot industrial building in Pleasanton, TX, located at 495 Shale Rd, representing a private seller. The property, seamlessly leased by Baker Hughes as part of a 1031 exchange, reflects the robustness of the energy industry in the Eagle Ford Shale region, with stable CAP rates despite recent interest rate increases.

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