Wilson Investment Properties Acquires Six Houston, Texas, Industrial Parks
07/18/2018
According to company officials, the portfolio is leased to a diversified set of 103 tenants, including manufacturing, fabrication, and many local service businesses. It fared exceptionally well during Hurricane Harvey, and industrial assets have been in higher demand due to lower supply from damaged inventory, increased construction, and the growth of e-commerce.
“The strategic purchase was made through a syndication of individual investors, pooling capital to purchase a large commercial portfolio with occupancy increase potential, attractive yields, and immediate cash flow distributions,” officials explained.
"These offerings allow our investors, many of whom are in the technology field, to diversify their investments outside of stocks and Wall Street," said Tom K. Wilson, Principal of Wilson Investment Properties. He added "Many of our clients love that they can invest in an institutional grade product for as little as $50,000 by utilizing the expertise of an experienced syndicator."
Wilson Investment Properties said it has been bullish on the industrial asset class during this point in the market cycle, and the Northwest Houston Industrial portfolio is the company's fifth industrial acquisition since 2017.
Project Announcements
JDSAT Expands Fairfax County, Virginia, Operations
04/25/2024
Trussworks Mid-America Plans Jackson, Missouri, Manufacturing Operations
04/25/2024
Epic Flight Academy Establishes Hebron, Kentucky, Operations
04/25/2024
EPC-Columbia Expands Lebanon, Kentucky, Plastic Injection Molding Operations
04/25/2024
Daisy Brand Plans Boone, Iowa, Production Operations
04/22/2024
Canfor Expands Fulton, Alabama, Production Operations
04/22/2024
Most Read
-
2023's Leading Metro Locations: Hotspots of Economic Growth
Q4 2023
-
2023 Top States for Doing Business Meet the Needs of Site Selectors
Q3 2023
-
38th Annual Corporate Survey: Are Unrealized Predictions of an Economic Slump Leading Small to Mid-Size Companies to Put Off Expansion Plans?
Q1 2024
-
Making Hybrid More Human in 2024
Q1 2024
-
Manufacturing Momentum Is Building
Q1 2024
-
20th Annual Consultants Survey: Clients Prioritize Access to Skilled Labor, Responsive State & Local Government
Q1 2024
-
Public-Private Partnerships Incentivize Industrial Development
Q1 2024