Colonial Holdings Group Acquires Industrial Property In Porter For $1.3M

An industrial property located at 21820 E. Wallis Dr in Porter has been sold. The property, with a size of 20,000 square feet, was sold by Wallis Drive Investment, LLC. The buyer, Colonial Holdings Group, LLC, acquired the property through a transaction facilitated by brokers James Mashni and Patrick McKiernan from First Houston Properties. The sale took place on August 27, 2021, with an asking price of $1,300,000.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $1,300,000
• Size: 20,000 square feet
• Address: 21820 E. Wallis Dr
• Market: Porter

James Mashni and Patrick McKiernan from First Houston Properties represented both the seller, Wallis Drive Investment, LLC, and the buyer, Colonial Holdings Group, LLC, in the transaction.