12333 Sowden Road, Houston, Texas
Single tenant industrial
92,000 square feet
Acquired September 2017
Location: Northwest submarket at the intersection of Loop 8 and the Hempstead Highway.
Strategy: Infill value add. The building was purchased with a short-term sale leaseback, and was completely renovated at the end of the leaseback period. Fully leased to a regional last-mile distributor on a long-term lease.