facebook
Traded Co logo
Submit
Daily limit: 0/10

Brennan Investment Group And PCCP Acquire 1.3M SF Industrial Portfolio In Northwest Houston For $90M

Property Image
SOLD

Texas

See Similar Deals
Industrial1,300,000 SF
Sold 09/29/2025
the dealplayerscompscontact
Property Image
SOLD

Brennan Investment Group And PCCP Acquire 1.3M SF Industrial Portfolio In Northwest Houston For $90M

Industrial1,300,000 SF
Sold 09/29/2025
Contact now

Summary

Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:1,300,000 SF
Transaction Type:Sale

A 1.3 million square foot, 16-building industrial portfolio located in Northwest Houston was sold for $90 million. The asset is situated at 6401 N. Eldridge Parkway, and Innovex International will lease back the property for $650,000 per month through the end of the year while it completes its consolidation plans.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $90 million
  • Square Footage: 1,300,000 SF
  • Address: 6401 N. Eldridge Parkway
  • Market: Northwest Houston
  • Buyer: Michael Brennan - Brennan Investment Group
  • Seller: Adam Anderson - Innovex International
  • Lease Back Amount: $650,000 per month

The transaction involved Michael Brennan representing Brennan Investment Group, and Adam Anderson representing Innovex International. PCCP was also involved as part of the acquisition by Brennan Investment Group.

Players

MB
14 deals$744.1M volume
BUYER

BUYER

Details

SOLD
IMAGE: Michael Brennan & Adam Anderson DATE: 09/29/2025 ADDRESS: Industrial Portfolio MARKET: Northwest Houston ASSET TYPE: Industrial ~ SF: 1,300,000 BUYER: Michael Brennan - Brennan Investment Group (@BrennanInvestmentGroup); PCCP SELLER: Adam Anderson - Innovex International (@Invx.inc) NOTE: Brennan Investment Group and PCCP acquired a 1.3M SF, 16-building industrial portfolio in Northwest Houston from Innovex International for $90M. Innovex will lease back the property at 6401 N. Eldridge Parkway for $650K per month through year-end while completing consolidation plans.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$0.00

Debt Service Coverage Ratio (DSCR)

0.00x

Cap Rate

0.00%

Cash Flow (Annual)$0.00
Cash-on-Cash Return0.00%
Monthly Debt Service$0.00
Annual Debt Service$0.00