Redpoint Industrial Group Acquires 144,000 SF Facility On Telge Road In Houston

The property asset involved in this transaction is a Class-A low-coverage manufacturing facility located at 9611 Telge Road in the Houston market. The facility encompasses 144,000 square feet and is situated on a 20-acre site that features a fully stabilized concrete-paved surface. It is equipped with 100 tons of crane-capacity and 4,000 amps of power, offering a combination of manufacturing infrastructure and significant outdoor storage capacity.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: Not specified
• Address: 9611 Telge Road
• Market: Houston
• Square Footage: 144,000
• Buyer's Representative: Kyle Fischer, Derick Perkins, Jonas Fertitta & Bradley Smith - Alpine Partners
• Seller's Representative: Michael Foreman, Beau Kaleel & Chad Beck - Cushman & Wakefield

This acquisition marks Redpoint Industrial Group’s successful ninth industrial investment in the Greater Houston area over the past 12 months. The buyer’s representatives, Kyle Fischer, Derick Perkins, Jonas Fertitta, and Bradley Smith, are associated with Alpine Partners, while the seller's representatives, Michael Foreman, Beau Kaleel, and Chad Beck, are from Cushman & Wakefield.