Jason Tangen with Colliers International represented Tim Phillips of TRECAP Promenade Property, LLC, a local private fund, in the acquisition of a 20,000 square foot industrial property, located at 13715 North Promenade Boulevard, Stafford, TX 77477. The property was purchased as a sale-leaseback with the owner executing a long-term lease to remain within the facility. The building is well positioned within the sub-market and a welcomed addition to the Buyer's Portfolio. The Seller was represented by Forbes Henderson.
13715 North Promenade Boulevard is a 20,000 square foot, freestanding tiltwall building on 2.27 acres. The property is located in Stafford, TX with easy access to US Highway 59 and Beltway 8 via Highway 90.