27703 CALVERT RD

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Acquisitions

December 26, 2023

CRESCENT PARTNERS ACQUIRES 17,472 SQUARE FOOTAGE INDUSTRIAL BUILDING IN TOMBALL, TEXAS

TOMBALL, TEXAS, DECEMBER 18TH 2023 –Through a 1031-exchange, Crescent Partners has acquired a 17,472 square-foot industrial building located at 27703 Calvert Road, Tomball, TX 77377. The subject property was acquired from an owner-user who will be shutting down his business and delivering the facility vacant. The overall functionality of the facility caters to multiple tenant profiles, which caters to one of our primary acquisition criteria’s.  We are currently interviewing leasing brokers and the building will promptly hit the market following some minor improvements.

About Crescent Partners, Inc.

Crescent Partners is an industrial real estate holding company that specializes in refining the art of acquisition, renovation, leasing, and property management to deliver a superior leasing experience, and deliver above-market returns to our investors. Crescent Partners targets the acquisition of single-tenant and multi-tenant industrial assets at below replacement cost, located in infill markets. To learn more about our growing portfolio, please visit www.crescentpartners.com. For leasing inquiries or questions about the property, please contact pm@crescentpartners.com. Interested in investing with us? Contact ir@crescentpartners.com.