CRESCENT PARTNERS ACQUIRES 7,500 SQUARE FOOTAGE INDUSTRIAL BUILDING IN Houston, TEXAS
HOUSTON, TEXAS, JULY 26, 2023 – Through its acquisition fund, CPIV Fund I LLC, Crescent Partners has acquired a 7,500 – square-foot industrial building located at 6000 Gardendale, Houston, Texas 77092. The concrete slab foundation with structural metal siding building is 100% leased to one tenant.
The building was constructed in 1985 and sits on .53 acres. The property features a clear height of 14 feet with an overall design/layout that is functional for a single, warehouse/distribution tenant. 6000 Gardendale is located in a prime location with easy access to major highways and is situated in a growing industrial area. We believe this property has the potential for significant growth and a considerable return on investment. Our investment portfolio continues to expand with the purchase of assets located in infill markets throughout the Houston – The Woodlands – Sugar Land area.
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 email@example.com. Interested in investing with us? Contact firstname.lastname@example.org.