Colliers has recently sold a commercial property located at 823 East Main Street in Tomball, Texas. This 1.89-acre industrial asset includes a 6,000 square feet building, primarily used as a showroom. The property is situated in a highly sought-after market due to Tomball's impressive 4% annual growth rate and a significant 12.5% population increase since 2020.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: Not specified
• Address: 823 East Main Street
• Market: Tomball
• Size: 6,000 square feet
• Acreage: 1.89 acres

The buyer of the property is Johnny C. Foster, while the seller is the Fastenal Company, represented by Daniel L. Florness. H. Wayne White from the Fielding Vaughn Real Estate Group acted as the buyer's representative in the deal. On the other hand, the seller's representation was provided by Tom Condon, Jr., John Grimsley, Mike Taetz, and Bill Byrd from Colliers. Although the transaction amount was not disclosed, this successful sale demonstrates the expertise and capabilities of the involved parties in navigating the competitive industrial market.