CXRE Commercial Real Estate Announces Sale Of Land In Humble, Texas For Medical Office Development

The Walmart-anchored pad-site located at 0 Townsen Boulevard, Humble, Texas, 77338 has been sold. The property is a vacant land measuring approximately 31,363 square feet (SF) or 0.72 acres. The sale was facilitated by Cody Pruitt and Robin Francis-Baker from CXRE Commercial Real Estate, who represented the seller.

Summary of transaction details:

• Property Type: Land
• Transaction Amount: Not mentioned
• Address: 0 Townsen Boulevard, Humble, Texas, 77338
• Market: Humble

The buyer, represented by Jim Reed from Brazos Management Enterprises, plans to develop and convert the land into a medical office. Located in the heart of Humble, the property enjoys a highly saturated commercial area with excellent opportunities due to its strategic location. It is situated within ten minutes of Bush Intercontinental Airport and close to the Deerbrook Mall area. The land is positioned directly south of Walmart, just west of Kroger, and is surrounded by numerous shopping and dining options, attracting high traffic to the area.

NOTE FROM BROKERS: CXRE announced the sale of the Walmart-anchored pad-site located at 0 Townsen Boulevard, Humble, Texas, 77338. CXRE’s Robin Francis-Baker, Investment Sales Manager of Dallas, and Cody Pruitt, Senior Investment Sales Manager of Houston, represented the seller.