Colliers Brokers Sale of 151,260 SF Distribution Center in Houston
HOUSTON — Colliers International has brokered the sale of a 151,260-square-foot distribution center at 12614 Hempstead Highway in Houston. Ryan Byrd and Walker Barnett of Colliers represented the seller, STAG Houston 3 LP, in the transaction. Jason Tangen, also with Colliers, represented the buyer, NIT Industrial. The new ownership, which has now acquired two properties in Houston in the last six months, plans to make capital improvements to the asset.