{"id":1004266301,"date":"2018-09-21T05:56:00","date_gmt":"2018-09-21T13:56:00","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004266301"},"modified":"2022-12-08T13:18:55","modified_gmt":"2022-12-08T21:18:55","slug":"fully-leased-houston-manufacturing-facility-changes-hands","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/fully-leased-houston-manufacturing-facility-changes-hands\/","title":{"rendered":"Fully Leased Houston Manufacturing Facility Changes Hands"},"content":{"rendered":"

By Timea Matyas<\/p>\n

\"13770<\/a>

13770 Industrial Road<\/p><\/div>\n

Stan Johnson Co. has brokered the sale of a 447,605-square foot industrial property in east Houston. Hines sold the rail-served asset to an undisclosed buyer acting on a 1031 exchange. The manufacturing facility encompasses nine buildings and was fully leased at the time of the sale to AFGlobal Corp., a technology and manufacturing specialist.<\/p>\n

Located at 13770 Industrial Road, the asset is part of the 650-acre Greens Port Industrial Park on the Houston Ship Channel. The private, multi-tenanted park benefits greatly from Houston\u2019s constant demand for rail and water access, which is used for heavy dimensional shippers, metal and steel manufacturing, as well as the plastics and petrochemical industries.<\/p>\n

\u201cNot many net lease deals in the Port of Houston make it to the open market. A rail-served site with access to the Houston Ship Channel is going to get a lot of attention in today\u2019s investment market\u201d<\/em>, Todd Moore, director in Stan Johnson Co.\u2019s Houston office said in a prepared statement.<\/p>\n

Stan Johnson Co.\u2019s Todd Moore represented the seller in the transaction. The brokerage company also recently facilitated the $11.4 million sale of an 111,667-square-foot flex building in Arlington Heights, Ill.<\/a><\/p>\n

Image courtesy of Stan Johnson Co.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Hines sold the nine-building property located within the 650-acre Greens Port Industrial Park, with Stan Johnson Co. brokering the transaction. <\/p>\n","protected":false},"author":1274,"featured_media":1004266304,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,1589,21748,21783,21742],"tags":[32797,32877],"class_list":["post-1004266301","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-houston","category-industrial","category-investment","category-latest","tag-hines","tag-stan-johnson-company"],"acf":[],"yoast_head":"\nFully Leased Houston Manufacturing Facility Changes Hands - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/fully-leased-houston-manufacturing-facility-changes-hands\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Fully Leased Houston Manufacturing Facility Changes Hands\" \/>\n<meta property=\"og:description\" content=\"Hines sold the nine-building property located within the 650-acre Greens Port Industrial Park, with Stan Johnson Co. brokering the transaction.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/fully-leased-houston-manufacturing-facility-changes-hands\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2018-09-21T13:56:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-08T21:18:55+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/09\/13770-Industrial-Road-e1537448812732.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1348\" \/>\n\t<meta property=\"og:image:height\" content=\"1011\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Timea Matyas\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/fully-leased-houston-manufacturing-facility-changes-hands\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/fully-leased-houston-manufacturing-facility-changes-hands\\\/\"},\"author\":{\"name\":\"Timea Matyas\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/d364eed718d001d2f28b9e07694ebfc2\"},\"headline\":\"Fully Leased Houston Manufacturing Facility Changes Hands\",\"datePublished\":\"2018-09-21T13:56:00+00:00\",\"dateModified\":\"2022-12-08T21:18:55+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/fully-leased-houston-manufacturing-facility-changes-hands\\\/\"},\"wordCount\":218,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/fully-leased-houston-manufacturing-facility-changes-hands\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2018\\\/09\\\/13770-Industrial-Road-e1537448812732.jpg\",\"keywords\":[\"Hines\",\"Stan Johnson Company\"],\"articleSection\":[\"Deals\",\"Houston\",\"Industrial\",\"Investment\",\"News\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/fully-leased-houston-manufacturing-facility-changes-hands\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/fully-leased-houston-manufacturing-facility-changes-hands\\\/\",\"name\":\"Fully Leased Houston Manufacturing Facility Changes Hands - 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