The sale involved an 81,500 square foot industrial park located at 6002 West 34th Street in Houston, Texas, sitting on 3.84 acres of land. The property, previously owned and operated by a local family, was represented by Jason Tangen and Paul Dominique from Colliers. The industrial park, currently 95% leased, saw high demand for near term mark-to-market investment opportunities in Houston's Northwest Near industrial submarket.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: Not provided
• Address: 6002 West 34th Street
• Market: Houston
• Square Footage: 81,500
• Acres: 3.84
• Brokers: Jason Tangen & Paul Dominique - Colliers

Colliers facilitated the sale leveraging their broad market exposure to attract buyers interested in the rising value of properties like the industrial park at 6002 W 34th Street in Houston. Limited greenfield land availability and increasing replacement costs in infill markets contributed to the high demand for this investment opportunity.