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Colliers: 10 Acres Sold for Hotel and Warehouse Development in Missouri City

by Realty News ReportOctober 1, 2017
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Source: Colliers International

MISSOURI CITY, Texas – Colliers International has handled the sale of 10 acres along Beltway 8 in Missouri City for the development of a hotel and several office warehouse buildings. The site is near the intersection of Sam Houston Parkway and McClain Boulevard.

MAA Hospitality bought 1.4 acres for the development of a Crystal Inn hotel. Graniti Vicentia Realty LLC acquired 8.3 acres for industrial development.

Tom Condon Jr. of Colliers International represented the seller, Al-Attas Babidan Basmaih Joint Venture. Claude Angelo with Belt International Realty Company represented both buyers. David Pitschmann with Alamo Title Company coordinated the Closing.

The site, just north of U.S. 90A, is adjacent to Gateway Southwest Industrial Park in Harris County.

Oct. 1, 2017 Realty News Report Copyright 2017
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