Troy Marcus Of Evergen Equity Acquires Two-Property Industrial Portfolio In Houston

The sale involved a two-property industrial portfolio in Houston, encompassing a total of approximately 154,937 square feet. The properties include an 85,797-square-foot facility located at 7601 North Sam Houston Parkway West, which is leased to Empower Pharmacy, and a 69,140-square-foot asset situated at 1001 Shaw Avenue, occupied by Camin Cargo Control. These assets have weighted average lease terms exceeding 11 years and are located in high-barrier Houston submarkets.

Summary of transation details:

• Property Type: Industrial
• Transaction Amount: Not specified
• Address: 7601 North Sam Houston Parkway West & 1001 Shaw Avenue
• Market: Houston & Pasadena
• Buyer: Troy Marcus - Evergen Equity
• Leased to: Empower Pharmacy
• Occupied by: Camin Cargo Control
• Square Footage: 154,937 square feet
• Weighted Average Lease Terms: Exceeding 11 years

Troy Marcus represents Evergen Equity in the acquisition of this industrial portfolio. The properties feature specialized operational infrastructure, supporting stable long-term occupancy in their respective markets.