Colliers International has successfully sold approximately 13.423 undeveloped acres of land located on Beamer Road in Friendswood, TX. The property was purchased by Daniel McCormack of McCormack Commercial. The transaction took place on 02/07/2024, with the aim of developing flex office warehouses to meet the high demand in the booming Southeast Houston market.

Summary of transaction details

• Property Type: Land
• Transaction Amount: Not specified
• Address: Beamer Road
• Market: Friendswood
• Acres: 13.423

The deal was facilitated by Colliers International, with brokers Chris Hutcheson, Harrison Kane, and James Kadlick representing both the buyer, Daniel McCormack, and the seller. As a leading commercial real estate agency, McCormack Commercial aims to capitalize on the high demand for flex office warehouses and leverage the prime location of the property on Beamer Road. This transaction presents a significant opportunity for McCormack Commercial to further expand its presence in the Southeast Houston market.

Note: The acquisition of the 13.423-acre undeveloped land on Beamer Road by Daniel McCormack marks an important step in fulfilling the increasing demand for flex office warehouses in the thriving Southeast Houston area. McCormack Commercial strategically positions itself to capitalize on this market trend and contribute to the economic growth of the region.