Houston’s Air Center Business Park sells

Local developer sheds facility

An affiliate of Cobalt Capital Partners LP has purchased the Air Center Business Park in Houston, Texas, for an undisclosed amount. The two-building, 192,420-square-foot industrial complex is located at 1704 Rankin Road and 16680-16684 Air Center Blvd. within the Central Green Business Park in northern Houston. Completed in 2006, the 11-acre property was leased at the time of sale to tenants including Ziebel US, House of Forgings Inc. and Array Holdings Inc. The seller, Cypressbrook Co., is a real estate brokerage, management and development company based in Houston. ...