Colliers is pleased to announce the sale of an industrial investment property located at 13715 N Promenade Boulevard in Stafford, Texas. Jason Tangen of Colliers represented the seller in the transaction.
The property is located in Houston’s southwest industrial market and offers convenient access to major transportation corridors including U.S. Highway 90A, Highway 59, Beltway 8, and the Sam Houston Tollway. Its location within the Stafford business corridor continues to attract a wide range of industrial and distribution users seeking proximity to both central Houston and the broader southwest Houston region.
The building features a functional industrial layout suited for warehouse, distribution, and light manufacturing operations. The property’s accessibility and established location within one of Houston’s longstanding industrial corridors contributed to strong interest throughout the marketing process.
“Industrial investment activity in southwest Houston continues to benefit from limited supply and steady tenant demand,” said Jason Tangen of Colliers. “The property saw substantial interest at onset based upon the robust occupancy rate coupled with a very limited competitive set of similar manufacturing properties existing within the submarket. As overall manufacturing vacancy across the MSA is down to under 2.4%, we have seen a significant increase in the amount of liquidity chasing these deals market wide creating a strong exit environment for seller’s today. ”
The Stafford submarket remains an active area for industrial leasing and investment activity due to its central location, established infrastructure, and access to a large labor pool across southwest Houston and Fort Bend County.
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