{"id":1004228360,"date":"2018-05-08T05:10:06","date_gmt":"2018-05-08T13:10:06","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004228360"},"modified":"2022-12-08T07:06:13","modified_gmt":"2022-12-08T15:06:13","slug":"nai-partners-arranges-64-ksf-houston-industrial-sale","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/nai-partners-arranges-64-ksf-houston-industrial-sale\/","title":{"rendered":"NAI Partners Arranges 64 KSF Houston Industrial Sale"},"content":{"rendered":"<p>By Alex Ciorogar<\/p>\n<div id=\"attachment_1004228362\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/05\/14333-Sommermeyer-Houston.png\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" aria-describedby=\"caption-attachment-1004228362\" data-attachment-id=\"1004228362\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/nai-partners-arranges-64-ksf-houston-industrial-sale\/14333-sommermeyer-houston\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/05\/14333-Sommermeyer-Houston.png\" data-orig-size=\"800,620\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"14333 Sommermeyer, Houston\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;14333 Sommermeyer, Houston&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/05\/14333-Sommermeyer-Houston.png?w=800\" loading=\"lazy\" class=\"wp-image-1004228362 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/05\/14333-Sommermeyer-Houston.png\" alt=\"\" width=\"300\" height=\"233\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/05\/14333-Sommermeyer-Houston.png 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/05\/14333-Sommermeyer-Houston.png?resize=300,233 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/05\/14333-Sommermeyer-Houston.png?resize=768,595 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004228362\" class=\"wp-caption-text\">14333 Sommermeyer, Houston<\/p><\/div>\n<p>NAI Partners has arranged the sale of two industrial assets in Houston, totaling 63,750 square feet.<\/p>\n<p>NAI Partners Senior Vice President Nick Peterson, Partner &amp; Industrial Division Leader John Ferruzzo and Vice President Ryan Searle represented the seller, Vallourec Tube Alloy LLC, while Clark Gaines Properties Principal Justin Clark and Partner Nathan Gaines represented the buyer, H&amp;B Development and Construction LP, in the sale of 14333 Sommermeyer, a 54,750-square-foot industrial warehouse.<\/p>\n<p>Travis Land, partner with NAI, represented TLCC Investments, while Boyd Commercial Broker Robert Alinger represented the seller in the transaction of 14790 Park Almeda, a 9,000-square-foot industrial office and warehouse. According to the firm, the property is in the South Belt Industrial Park and is available for lease.<\/p>\n<div id=\"attachment_1004228364\" style=\"width: 310px\" class=\"wp-caption alignleft\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/05\/14790-Park-Almeda-Houston.png\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" aria-describedby=\"caption-attachment-1004228364\" data-attachment-id=\"1004228364\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/nai-partners-arranges-64-ksf-houston-industrial-sale\/14790-park-almeda-houston\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/05\/14790-Park-Almeda-Houston.png\" data-orig-size=\"800,620\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"14790 Park Almeda, Houston\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;14790 Park Almeda, Houston&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/05\/14790-Park-Almeda-Houston.png?w=800\" loading=\"lazy\" class=\"wp-image-1004228364 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/05\/14790-Park-Almeda-Houston.png\" alt=\"\" width=\"300\" height=\"233\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/05\/14790-Park-Almeda-Houston.png 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/05\/14790-Park-Almeda-Houston.png?resize=300,233 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/05\/14790-Park-Almeda-Houston.png?resize=768,595 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004228364\" class=\"wp-caption-text\">14790 Park Almeda, Houston<\/p><\/div>\n<p>In another recent deal, the company <a href=\"https:\/\/www.commercialsearch.com\/news\/nai-partners-negotiates-houston-office-lease\/\">arranged three subleases<\/a> totaling more than 11,000 square feet on behalf of AccessData at The Willowbrook Building located at 7915 FM-1960 W. in Houston.<\/p>\n<p><em>\u201cThe glut of sublease space has been the underlying story in the Houston office market since the oil downturn began to manifest in late 2014,\u201d<\/em> said Nick Terry, senior associate at NAI Partners, in prepared remarks. <em>\u201cMoreover, these transactions are reflective of the recent 140 basis point decline to 14 percent, which measures the amount of sublease space as a percentage of total available space in Houston.\u201d<\/em><\/p>\n<p><em>Images courtesy of NAI Partners<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The 9,000-square-foot 14790 Park Almeda is part of the South Belt Industrial Park, while 14333 Sommermeyer is part of the Sommermeyer Neighborhood Depository\/Recycling Center.<\/p>\n","protected":false},"author":928,"featured_media":1004228362,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21784,21743,1589,21748,21783,21742,21747],"tags":[40059,40274],"class_list":["post-1004228360","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-brokerage","category-deals","category-houston","category-industrial","category-investment","category-latest","category-office","tag-nai-partners","tag-nick-peterson"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - 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