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HOUSTON — CB Richard Ellis Sale Leaseback Group has finalized the sale of a 174,139-square-foot industrial property located at 1601 Vallen Dr. in Houston. The building, which is situated on 13.8 acres and houses the headquarters for PGI International, sold for approximately $12.98 million to an undisclosed buyer. The building was part of a four-property sale that also included sites in Illinois, Michigan and Wyoming. Robert Brennan, Andrew Sandquist and Jonathan Wolfe of CB Richard Ellis Sale Leaseback Group represented Madison Capital Partners, Edgewater Funds and Rocky Mountain Bank in the transaction.