12333 Sowden Road, Houston, Texas
Property
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.
- Equity Placement Ledo Capital Group
- Debt – Wells Fargo Bank
- Leasing and Management – Holt Lunsford Commercial Houston
Contact
Office
1903 Harriman Lane, Suite B
Redondo Beach, California 90278 US