HOUSTON - Industrial real estate investment firm Brennan Investment Group acquired a six-building industrial portfolio in the Houston market from First Industrial Realty Trust.
The 132,997-sf six-building portfolio includes 8600, 8700, 8800 and 8850 Jameel Rd. in Houston, and two buildings at 12705 S. Kirkwood in Stafford.
The flex portfolio sold for $10.4 million, according to the SEC.
The Jameel Road buildings are made up of single-story flex and industrial buildings and were approximately 83 percent leased at the time of the sale. The properties located in Stafford were 100 percent leased at the time of the sale.
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