HFF Closes Sale Of 513k SF Southeast Industrial Center
HFF completed the sale of Ellington Trade Center, a three-building industrial project totaling 513k SF and 18.2 acres in Southeast Houston. HFF, led by senior managing director Rusty Tamlyn and director Trent Agnew, worked on behalf of the seller, a partnership between KDC and Harbert Real Estate Fund. Lincoln Property, through its affiliate Lincoln Advisory Group, purchased the property on behalf of an institutional client for an undisclosed price.
Situated on more than 36 acres in Houston’s Southeast industrial submarket, Ellington Trade Center is across the street from Ellington Airport, which was approved by the Federal Aviation Administration as a launch site for future space plane flights.
The 98.6% leased center is home to national and local tenants, including FedEx, Lennox Industrial, Goodman Distribution, SCP Distributors, E&G, Patrician Window Coverings and Houston Chronicle Publishing.
