Houston’s Air Center Business Park sells

Local developer sheds facility

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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. ...