NAI Partners Arranges Sale of 57 KSF Houston Industrial Asset
- May 09, 2018
Pennsauken, N.J.-based All Current Electrical has bought TSC Offshore, a 56,876-square-foot industrial property in Houston. NAI Partners Principal John Ferruzzo and Industrial Brokerage Partner Chris Caudill arranged the transaction on behalf of the buyer, while Wes Williams and David Boyd represented the seller, TSC Manufacturing & Supply LLC, in the negotiations.
Located at 12550 N. Houston Rosslyn Road in the city’s Burlington North Industrial District, the Class-E engineering property spreads across a 9-acre site. Built in 2014, the masonry-bearing asset is reinforced with fire-resistant steel and features four 20-ton cranes and three overhead doors.
TSC Manufacturing & Supply LLC bought the property back in 2015. According to Property Shark, the Harris County assessor’s office most recently valued the asset at roughly $5.2 million. Energy Steel Products, Axon Energy Products, NEC, BMC Building Materials & Construction Solutions, Central Electric Company and GE Oil & Gas are all located nearby. The property also offers easy access to Tomball Parkway and Sam Houston Tollway.
In another recent deal, NAI Partners arranged the sale of two industrial assets in Houston, totaling 63,750 square feet.
Photo courtesy of NAI Partners