{"id":1004448565,"date":"2020-05-19T04:28:37","date_gmt":"2020-05-19T12:28:37","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004448565"},"modified":"2021-05-10T02:05:49","modified_gmt":"2021-05-10T10:05:49","slug":"nai-partners-buys-southwest-houston-industrial-park","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/nai-partners-buys-southwest-houston-industrial-park\/","title":{"rendered":"NAI Partners Buys Southwest Houston Industrial Park"},"content":{"rendered":"<div id=\"attachment_1004448574\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/05\/Avera-Commerce-Center-e1589886356393.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004448574\" data-attachment-id=\"1004448574\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/nai-partners-buys-southwest-houston-industrial-park\/avera-commerce-center-2\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/05\/Avera-Commerce-Center-e1589886356393.jpg\" data-orig-size=\"1059,795\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;7.1&quot;,&quot;credit&quot;:&quot;MICAHL WYCKOFF&quot;,&quot;camera&quot;:&quot;NIKON D850&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;1569344936&quot;,&quot;copyright&quot;:&quot;2019&quot;,&quot;focal_length&quot;:&quot;14&quot;,&quot;iso&quot;:&quot;400&quot;,&quot;shutter_speed&quot;:&quot;0.002&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"Avera Commerce Center\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;Avera Commerce Center. Image courtesy of NAI Partners&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/05\/Avera-Commerce-Center-e1589886356393.jpg?w=1024\" class=\"wp-image-1004448574 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/05\/Avera-Commerce-Center-e1589886356393.jpg\" alt=\"\" width=\"300\" height=\"225\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/05\/Avera-Commerce-Center-e1589886356393.jpg 1059w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/05\/Avera-Commerce-Center-e1589886356393.jpg?resize=300,225 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/05\/Avera-Commerce-Center-e1589886356393.jpg?resize=768,577 768w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/05\/Avera-Commerce-Center-e1589886356393.jpg?resize=1024,769 1024w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004448574\" class=\"wp-caption-text\">Avera Commerce Center. <em>Image courtesy of NAI Partners<\/em><\/p><\/div>\n<p>NAI Partners\u2014through its third investment fund\u2014has acquired Avera Commerce Center near Houston. Public records show Raith Capital Partners sold the 245,495-square-foot property, while Zions Bank originated a five-year acquisition loan for the new owner.<\/p>\n<p>Located at 3928-4012 Bluebonnet Drive in Stafford, Texas, the single-story flex industrial park is less than 2 miles from Interstate 69 and roughly 20 miles southwest of downtown Houston. The asset comprises 16 rear-load buildings on a 14.6-acre site, completed between 1995 and 2004. The structures have 16-foot clear heights, grade level parking and concrete paving throughout. The property includes recently improved signage and landscaping in addition to roofs replaced in 2017. &nbsp;&nbsp;&nbsp;<\/p>\n<p>Partner &amp;&nbsp;Head of the NAI Investment Fund Andrew Pappas and NAI Partners Vice President Adam Hawkins negotiated and closed the deal, while the firm\u2019s Landlord Services Division will manage the property. Associates Andy Parish and Lesley Rice will market the asset&#8217;s available space. Recently, the brokerage <a href=\"https:\/\/www.commercialsearch.com\/news\/nai-partners-signs-full-building-tenant-in-houston\/\">negotiated a full-building office lease<\/a>&nbsp;in West Houston for EHRA Engineering. &nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The new owner&#8217;s management division will operate the 16-building Avera Commerce Center.<\/p>\n","protected":false},"author":748,"featured_media":1004448574,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,1589,21748,21742],"tags":[40059,48926],"class_list":["post-1004448565","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-houston","category-industrial","category-latest","tag-nai-partners","tag-zions-bank"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - 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