HFF Arranges Sale of Industrial Facility in Houston

HOUSTON — HFF has arranged the sale of 8451 Market St., a 120,810-square-foot industrial facility in Houston. HFF marketed the asset on behalf of the seller, Mayfield Properties LP. ATCAP Partners purchased the asset for an undisclosed amount and was assisted by HFF in arranging acquisition financing. The property is situated on five acres near the intersection of I-10 East and Loop 610 adjacent to the Budweiser beer plant and the Houston Ship Channel, six miles east of Houston’s central business district. The property features 24-foot ceiling heights and a 7.8 percent office build-out. Tenants at the fully leased facility include Santini Export Packaging Corp., who has been in continuous occupancy since the early 1980s, as well as Area Wholesale Tire and Interglobal Plastics. Rusty Tamlyn, Trent Agnew and John Rogers led the HFF investment sales team representing the seller. Brian Carlton led HFF’s debt placement team.