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

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:

• Property Type: Industrial
• Transaction Amount: Not specified
• Market: Pleasanton
• Brokers: Barkley Peschel, Connor Duffy & Todd Moore - Colliers

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.