Provident Industrial And Junction Commercial Real Estate Sell 242,700 SF Industrial Asset In Houston

The Northcourt 290 Distribution Center is an industrial asset located at 8020 Northcourt Road in Houston, TX. The facility encompasses 242,700 square feet and is primarily leased to Daltile, serving as its Houston headquarters. This Class A industrial property is situated in a market demonstrating strong investor demand for institutional-quality logistics assets.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: Not specified
• Square Footage: 242,700
• Address: 8020 Northcourt Road
• Market: Houston, TX
• Seller: Leon Backes & Christen Vestal - Provident Industrial; Reed Vestal - Junction Commercial Real Estate
• Broker: Nathan Wynne & Ed Frantz - CBRE

This transaction involved Provident Industrial and Junction Commercial Real Estate selling the distribution center through an off-market deal. CBRE acted as the representative of the sellers, successfully sourcing a confidential buyer for the asset.