Magnolia, TX – March 21, 2022 – SVN | J. Beard Real Estate – Greater Houston, recently completed the sale of a 2.5-acre industrial property located at 38203 FM 1774 in Magnolia, TX. The property consisted of multiple buildings totaling approximately 22,000 square feet and was sold to a private buyer for an undisclosed price.
Diana Gaines and Neal King of SVN | J. Beard Real Estate – Greater Houston represented the seller. Rob Whitaker and Joe Burke of New Quest Properties represented the buyer in the transaction. Gaines said, “The demand for industrial assets in the Houston area is strong, as the industrial sector continues to set records for leasing activity and transaction volumes.”
About SVN | J. Beard Real Estate – Greater Houston
SVN | J. Beard Real Estate – Greater Houston an independently owned and operated SVN® office located in The Woodlands, TX. The SVN® brand is a globally recognized commercial real estate entity united by a shared vision of creating value for clients, colleagues and communities. Currently, SVN comprises over 1,600 advisors and staff working in more than 200 offices across the globe. SVN’s brand pillars represent the transparency, innovation and inclusivity that enable all our advisors to collaborate effectively with the entire real estate industry on behalf of our clients. SVN’s unique Shared Value Network® is just one of the many ways that SVN Advisors create outsize value for all stakeholders. For more information, visit www.jbeardcompany.com.
To learn more about SVN | J. Beard Real Estate – Greater Houston