January 10, 2020
United Equities Inc. sold Harms Road Business Park, a 124,00-square-foot, five-building industrial park, to partners Finial Group and Senterra LLC. The property is in Houston’s northwest submarket. JLL’s Trent Agnew, Charlie Strauss and Ethan Goldberg marketed the property, in conjunction with NAI Partners’ Travis Land.
Situated on 9.4 acres at 7204-7214 Harms Rd., the property was developed by United Equities between 2014 and 2018. The single-tenant, crane-served buildings feature 28-foot to 30-foot clear heights, 22 overhead doors and high-quality office space.
“Harms Road Business Park is a highly successful development located within the core of Houston’s Northwest submarket,” Agnew said. “Our JLL team, in partnership with Travis, were able to put together an off-market trade that highlights the desirability of opportunities that offer some additional leasing upside in today’s capital markets environment.”
Photo by Mabry Campbell
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