Phoenix Investors Acquires Industrial Property In Brownsville From Titan International Inc. - Newmark

Titan International Inc. has sold its industrial property located at 6700 Paredes Line Road in Brownsville. The sale included an expansive land of 108 acres, making it suitable for future industrial development. The property spans approximately 1,040,000 square feet, providing ample space for industrial operations.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: Not specified
• Market: Brownsville
• Address: 6700 Paredes Line Road
• Square footage: 1,040,000
• Acres: 108

The buyer of the property is Phoenix Investors, a notable player in the real estate market. Represented by Michael Reid from Newmark, the deal was successfully facilitated. The involvement of a reputable brokerage like Newmark adds credibility and expertise to the transaction. Additional information about the buyer's intentions or plans for the property is not provided.