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Industrial net-leased portfolio in Houston markets sells to local investor
Transactions - MARCH 10, 2022

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Industrial net-leased portfolio in Houston markets sells to local investor

by Released

Finial Group has sold a 72,980-square-foot portfolio comprising three net-leased industrial properties in markets in and around Houston.

Houston-based NDP Interests acquired the asset for an undisclosed sales price. NDP Interests is a partnership-driven commercial real estate investment, development and management firm founded by Richard Nelson, John Duffie and Andrew Peeples.

The portfolio comprises buildings located at 9841 Windmill Park Lane in Houston; 20404 Whitewood Drive in Spring, Texas; and 1114 Seaco Ave. in Deer Park, Texas. The single-tenant buildings — which are fully leased to Global Drilling Support, Forge Systems and Intertek USA — offer strategic locations in some of the most in-demand and high-growth submarkets within Houston’s Grand Parkway. These mission-critical positions serve major population centers that include about 7.15 million residents within the Houston MSA.

“The opportunity offered NDP Interests a chance to buy a portfolio

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