Wednesday , 22 November 2017
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Exeter Acquires Business Park in Northwest Houston

Rusty Tamlyn

HOUSTON – Exeter Property Group, an investment management firm based in Conshohocken, Pa., has acquired Bammel Business Park in northwest Houston.

The five-building, 246,000-SF project is located on 14 acres on the North Sam Houston Parkway West.

Rusty Tamlyn and Trent Agnew of HFF represented the seller, FR/Cal Bammel.

“This offering generated substantial interest due to the value-add nature, deal size, newer product in northwest Houston and very little product on the market for sale,” Tamlyn said.

The property has immediate access from Beltway 8 in addition to visibility from more than 150,000 vehicles per day and proximity to Bush Intercontinental Airport.  Completed in 2008, Bammel Business Park features 24-foot clear heights.

The one-story buildings are leased to a diverse tenant mix, including Gruma Corporation, Stylenquaza and Motion Industries.

July 26, 2017 Realty News Report Copyright 2017

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