A 1.79-acre industrial land located in Tomball, Texas has been sold to Moffitt Williams LLC by the Tomball Economic Development Corporation. The property, situated in the thriving industrial activity area north of Tomball Business & Technology Park in S. Persimmon Street, will be used by the buyer to construct a new 15,000 square foot facility for its related entity, JDC Fluid Equipment. This transaction demonstrates the commitment of Colliers, represented by Tom Condon Jr. & John Grimsley, in facilitating successful partnerships between buyers and sellers.

Summary of transaction details

• Property Type: Land
• Transaction Amount: Not specified
• Address: North of Tomball Business & Technology Park in S. Persimmon Street
• Market: Tomball, Texas
• Acres: 1.79

This deal, brokered by Damon Palermo from Palermo Corporate Real Estate Advisors, showcases Colliers' expertise in the industry and their role as Middlemen representing both buyer and seller. Kelly Violette, representing Tomball Economic Development Corporation, was the seller's representative in the transaction. Moffitt Williams LLC's plans to construct a new facility indicate their commitment to expanding their operations in the area's industrial sector.