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Finial Group Acquires Harms Road Business Park In Houston For 124,000 SF

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SOLD

Texas

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Industrial124,000 SF
Sold 01/10/2020
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Finial Group Acquires Harms Road Business Park In Houston For 124,000 SF

7204 Harms Rd, Houston, TX, 77041

See Similar Deals
Industrial124,000 SF
Sold 01/10/2020
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Summary

TEXAS
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:124,000 SF
Transaction Type:Sale

The Harms Road Business Park in Houston's Northwest submarket has been sold in a recent transaction. The industrial park, located at 7204-7214 Harms Road, consists of five single-tenant buildings totaling 124,000 square feet. The buildings were constructed between 2014 and 2018 and boast clear heights ranging from 28 to 30 feet, 22 overhead doors, office space, and overhead cranes with capacities between 10 and 20 tons.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: Undisclosed
  • Address: 7204 Harms Rd, Houston, TX, 77041
  • Market: Houston
  • Seller's Rep: Travis Landrum, Trent Agnew
  • Buyer: Finial Group
  • SF: 124,000

The sale of the Harms Road Business Park was facilitated by a team of brokers including Trent Agnew, Charlie Strauss, and Ethan Goldberg of JLL, and Travis Land of NAI Partners. The seller, United Equities Inc., entrusted these professionals with representing them in this transaction. The industrial park was purchased by a partnership between Finial Group and Senterra LLC, marking a significant acquisition in the Houston industrial real estate market.

Players

Trent Agnew
63 deals$486M volume
BROKER

Travis Landrum
5 deals$26.9M volume
BROKER

Finial Group
BROKERAGE

Details

SOLD
IMAGE: 01/10/2020 ADDRESS: 7204 Harms Rd, Houston, TX, 77041 MARKET: Houston ASSET TYPE: Industrial SELLER'S REP: Travis Landrum(), Trent Agnew(JLL) BUYER: Finial Group SELLER: United Equities Inc SF: 124000

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