Houston, TX, November 4th, 2022 – Partners Real Estate (“Partners”), one of the largest independent commercial real estate firms in Texas today announced the sale of a 96,011-sq.-ft. Cold Storage Distribution Center located at 12800 North Freeway in Houston.
Partners’ Cary Latham, Vice President of Investment Sales, and Wyatt Huff, Senior Associate of Investment Sales, represented the buyer, Harbor Capital, LLC in the transaction. Cushman & Wakefield’s Stephen Schneidau, and independent broker, Bill Schneidau, represented the seller, Mendware, LLC.
“Infill Cold Storage properties with great freeway access continue to be a hot commodity in today’s commercial real estate market,” said Mr. Huff.
“This property presented solid in-place returns with immense upside in the near-term, and will continue to be a highly desirable site to tenants for years to come,” added Mr. Latham.
For more information, please contact Ash Harley-Majic, Corporate Communications Specialist, at 713.275.9641.
About Partners
Partners is the 2nd-largest partner-operated, privately-held and independently-owned commercial real estate firm in the state of Texas. Partners was founded and is headquartered in Houston and has offices in San Antonio, Austin and Dallas; employs more than 200 real estate professionals; and arranges more transactions than any of its competitors, completing over 700 commercial lease and sale arrangements every year. Partners is a full-service commercial real estate firm providing client solutions via its services business for Office, Industrial, Retail, Land, Life Sciences, and Multifamily product types across Brokerage Services, which includes Tenant Representation, Investment Sales, and Land Sales; Investor Services, which includes Property Management, Project Leasing, Project Management, and Facilities Management; Valuation Services, which includes Valuation & Advisory, Litigation & Expert Witness Testimony, Property Tax Consulting, and Institutional Fund Valuation; and Project Services, which includes Construction Management and Space Management; and creating value for its investors through its Private Equity line of business, which includes its investment management platform specializing in the acquisition and disposition of office, industrial, and retail multitenant properties via multiple investment funds, and the development of retail, industrial, office, and mixed-use projects. Partners is the top Houston-based full-service commercial real estate firm on the Inc. 5000 list of fastest-growing private companies in America; the 4th-largest Houston-Area Commercial Real Estate Brokerage, #1 Mover of Square Feet among leasing and sales brokerages, and largest partner-operated, privately-held and independently-owned commercial real estate firm in Houston per the Houston Business Journal; the only commercial real estate firm on the Houston Business Journal’s Mid-Market 50 list; a top 3 largest San Antonio Commercial Real Estate Brokerage per the San Antonio Business Journal; and a top 20 Property Management Firm by square feet under management in Houston per the Houston Business Journal. Partners has been named a Best Place to Work by the Houston Chronicle, Houston Business Journal and Austin Business Journal; and is among the University of Houston’s Cougar 100 Fastest-Growing Companies. Visit us on the web at www.partnersrealestate.com