HOUSTON — Agarita Management bought Commerce Center, an eight-building, 256,265-square-foot industrial facility in Houston.
HFF marketed the properties exclusively on behalf of the seller, Insite Commercial Real Estate.
Acquisition financing was secured through American Family Life Insurance, which was arranged by Kirk Oden with Trinity Finance in San Antonio.
Commerce Center is located at 9000 Southwest Freeway close to Beltway 8/Sam Houston Tollway and the Westpark Tollway in southwest Houston. The property is leased to 40 tenants.
The HFF investment sales team representing Insite Commercial Real Estate was led by senior managing director Rusty Tamlyn and associate director Trent Agnew.