Outrigger Industrial Sells 1,026,000 Square Foot Warehouse In Houston To Buyer Represented By JLL

Outrigger Industrial sold its 1,026,000-square-foot industrial warehouse located at 12515 Lockwood Road in Houston, TX. The transaction involved a property that is part of the Generation Park development.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: Undisclosed
• Asset Size: 1,026,000 square feet
• Address: 12515 Lockwood Road
• Market: Houston, TX
• Seller: Michael Podboy - Outrigger Industrial
• Broker Representatives: Jeff Venghaus, David Holland, Richard Quarles, Craig Jones & John Pasta - JLL

The deal was managed by JLL brokers on both the buying and selling sides. Additionally, the sale was accompanied by a separate leasing transaction where the tenant Representative Materials Company expanded its occupancy in a 255,871-square-foot Class A facility, also represented by JLL.