First Industrial Realty Trust Inc Sells Industrial/Warehouse Facility In Houston For $42M

The industrial/warehouse property located at 8800 CityPark Loop in Houston has been sold for $42,000,000. The property has a total square footage of 664,000, resulting in a price per square foot of $63. The transaction took place on February 18, 2021.

Summary of transaction details

• Property Type: Industrial/Warehouse
• Transaction Amount: $42,000,000
• Address: 8800 CityPark Loop, Houston
• Square Footage: 664,000
• Price per Square Foot: $63

The seller of the property was First Industrial Realty Trust Inc. The deal was facilitated by two broker representatives, Scott Sealy Jr and Jason Gandy from Sealy & Co, and Tom Lynch and Faron Wiley from CBRE.