{"id":1004322557,"date":"2019-05-09T23:22:51","date_gmt":"2019-05-10T07:22:51","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004322557"},"modified":"2025-02-28T00:00:03","modified_gmt":"2025-02-28T08:00:03","slug":"stan-johnson-arranges-houston-area-industrial-sale","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/stan-johnson-arranges-houston-area-industrial-sale\/","title":{"rendered":"Stan Johnson Arranges Houston-Area Industrial Sale"},"content":{"rendered":"
\"502<\/a>

502 FM Highway 359 Road S. Image courtesy of Stan Johnson Co.<\/em><\/p><\/div>\n

A foreign institutional group has sold a 27,211-square-foot industrial facility in Brookshire, Texas, for $4.2 million. The southern California buyer purchased the asset through a 1031 exchange. Stan Johnson Co. Director Zach Harris worked on behalf of the seller, while Colliers International Executive Vice President Mike Erwin represented the buyer. The property last traded in 2014, according to Waller County records.<\/p>\n

Located at 502 FM Highway 359 Road S. on a 5.2-acre site, the building provides ample parking space. With quick access to Interstate 10, the facility is easily accessible from Houston. At the time of sale, the building was fully leased to H&E Equipment Services, with more than 10 years of lease term remaining.<\/p>\n

Recently, another Colliers International team acted on behalf of JM Smucker Co. in the signing of a 1.1 million-square-foot lease<\/a>. The CPG manufacturer moved in Logistics Property Co.\u2019s 252-acre master-planned logistics space in Wilmer, Texas.<\/p>\n

If you\u2019d like to be featured in Brokers\u2019 Corner, send your deal to deals@cpe-mhn.com<\/strong><\/a>.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Director Zach Harris represented the seller in the 1031 exchange. The buyer of the 27,211-square-foot building in Brookshire, Texas, worked with Colliers International. <\/p>\n","protected":false},"author":748,"featured_media":1004322560,"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":[33536,32763,32877],"class_list":["post-1004322557","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-houston","category-industrial","category-investment","category-latest","tag-1031-exchange","tag-colliers-international","tag-stan-johnson-company"],"acf":[],"yoast_head":"\nStan Johnson Arranges Houston-Area Industrial Sale - 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\/stan-johnson-arranges-houston-area-industrial-sale\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Stan Johnson Arranges Houston-Area Industrial Sale\" \/>\n<meta property=\"og:description\" content=\"Director Zach Harris represented the seller in the 1031 exchange. 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