HFF Closes Sale of 3-building Industrial Warehouse Portfolio in Houston, Texas

8/3/17

Holliday Fenoglio Fowler, L.P. (HFF) announced today that it has closed the sale of two assets comprising three infill, industrial warehouse buildings totaling 101,635 square feet in two Houston submarkets.

HFF represented the seller, TA Realty. ATCAP Partners purchased the property for an undisclosed price.

The properties consist of 3300 Claymoore Park, which is situated on 2.25 acres in the heart of Houston’s Northwest industrial submarket, and 9362 and 9366 Wallisville Road, which is housed on 4.05 acres in the Northeast industrial submarket and has access to the Houston Ship Channel and the Port of Houston. Both properties are in infill locations with access to Interstate 10, Highway 290, Sam Houston Tollway (Beltway 8) and Loop 610. The buildings are 100 percent leased to eight tenants. Additionally, the Claymoore building is HazMat capable.

HFF’s investment sales team was led by senior director Trent Agnew and senior managing director Rusty Tamlyn.

“There is very little industrial product for sale in Houston, and the fundamentals are exceptionally strong in the two submarkets where these properties are located,” Agnew said. “We have worked with ATCAP before, and they were a good fit for these two assets, given their ownership of other similar assets here and ability to move quickly.”

About TA Realty

TA Realty is focused exclusively on private real estate investment in the United States. Since 1982, the firm has acquired, invested and/or managed $26.1 billion of real estate through a series of value‐added, commingled funds and customized core separate accounts. As of June 30, 2016, gross assets under management were valued at $11.4 billion, comprised of 65.2 million square feet of commercial (industrial, office, retail) real estate and over 10,100 multifamily units. Learn more at http://www.tarealty.com.

About ATCAP Partners

ATCAP Partners is a real estate investment company focused on institutional quality office and industrial assets in primary and secondary markets, with a focus on the Southern and Central United States. Visit http://www.atcap.com for more information.

About HFF

Holliday Fenoglio Fowler, L.P., HFF Real Estate Limited (collectively, “HFF”), HFF Securities L.P. and HFF Securities Limited (collectively, “HFFS”) are owned by HFF, Inc. (NYSE: HF). HFF and its affiliates operate out of 24 offices and are a leading provider of commercial real estate and capital markets services to the global commercial real estate industry. HFF, together with its affiliates, offers clients a fully integrated capital markets platform including debt placement, investment sales, equity placement, funds marketing, M&A and corporate advisory, loan sales and loan servicing. For more information please visit hfflp.com or follow HFF on Twitter @HFF.

Holliday Fenoglio Fowler, L.P. acting by and through Holliday GP Corp, a Texas licensed real estate broker.

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