CBRE BROKERS SALE OF 139,330 SF INDUSTRIAL PARK IN HOUSTON

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HOUSTON — CBRE has brokered the sale of The Pines Business Park, a 139,330-square-foot industrial property in Houston. Constructed in 2009, the three-building, Class A complex features 20- to 24-foot clear heights and was fully leased to multiple tenants at the time of the sale. The asset, located on Budde Road, is in close proximity to Interstate 45 and the future ExxonMobil campus. Jack Fraker, Josh McArtor, Jonathan Bryan, Heather McClain Venegoni, Tom Lynch and Paul Segreto of CBRE, along with Kevin Wyatt of Lincoln Property Co., represented the seller, a private fund advised by Crow Holdings Capital Partners LLC and Lincoln Property Co.

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