GBP Properties Acquires 30,000 SF Industrial Building in Houston Leased to GE Oil & Gas

HOUSTON — GBP Properties, a Monterrey, Mexico-based investment firm, has acquired a 30,000-square-foot industrial building located at 11150 Equity Drive in northwest Houston. GE Oil & Gas has occupied the space for the last five years. Tom Lynch and Mark Redlingshafer of CBRE represented the seller, Houston-based Investment & Development Ventures LLC, in the transaction.