Texas deals: industrial, office space sold
Private investor, manufacturer make purchases
By Inman News, Wednesday, November 1, 2006.Grubb & Ellis Co. brokered the sale of two properties totaling 422,740 square feet located in north and west Texas.
The total value of the transactions was not disclosed.
In the first deal, CVS Garland TX Distribution LP sold its 277,740-square-foot industrial building in Garland to Craftmaster Manufacturing. The property is located at 4409 Action St.
In the second deal, Mid Builder Co. LC sold its 145,000-square-foot office building in Midland to Joseph Kung. The property is located at 5407 Andrews Highway.
Los Angeles-based Grubb & Ellis Co. provides commercial real estate services worldwide.
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