Colliers arranges purchase of ±127,000 square foot multi-tenant industrial building on Houston’s North Loop East

Colliers Houston has facilitated the acquisition of Northport Business Park, a multi-tenant industrial building, located at 7101-7157 North Loop East in Houston, Texas. The seller, Sealy & Company, was represented internally by Jason Gandy, Managing Director-Investment Services and Derrick Jones, Regional Director. The buyer, Harbor Capital, was represented by Jason Scholtz,? Senior Vice President of Colliers Houston.

Northport Business Park is a shallow-bay industrial property with ±127,000 square feet situated on ±7.99 acres. The multi-tenant asset benefits from high visibility and has direct access to Houston’s Loop 610. Building amenities include dock-high loading, and ample parking with an expansive truck court. The property boasts excellent access to all major thoroughfares via Loop 610.?

Northport Business Park is located in Houston's Northeast Highway 90 Industrial submarket. The submarket contains 29.4 million square feet of industrial space which is currently 92.6% occupied. There is only approximately 40,000 square feet of shallow-bay industrial space currently under construction in the submarket.

About Sealy &? Company

Sealy & Company, a fully-integrated commercial real estate investment and operating firm, is a recognized leader in acquiring, developing, and redeveloping regional distribution warehouses, industrial/flex, and other commercial properties. Sealy provides a full-service platform for high-net-worth individuals and institutional investors through their development, management, and brokerage divisions. Sealy & Company has an exceptional team of over 100 employees, with corporate offices in Dallas, Texas as well as Shreveport, Louisiana

Learn more about Colliers | Houston here.

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