Colliers International announces Eastbourne Fry & 529 LP has sold 11.78 acres to Gamal Enterprises. The property is located just west of the Fry Road & FM 529 intersection in Houston, Texas. The buyer, Gamal Enterprises, was represented by Jeff Lokey of NewQuest Properties. Christopher Winters and Bill Byrd of Colliers International represented the seller, Eastbourne Fry & 529 LP in the transaction.
Christopher Winters stated that this property has benefited by the opening of the Grand Parkway as well as continued development in the area. There was a strong interest in the site as the tract can be subdivided for smaller pad site use.