Finial Group Completes Full Acquisition of Industrial Park with Purchase of Additional Properties at 12111 & 12113 Taylor Road, Houston, Texas
Houston, Texas – Finial Group, a leading player in commercial real estate, has successfully completed the acquisition of the entire industrial park at Taylor Road with the purchase of two single-tenant industrial buildings totaling 20,000 square feet at 12111 & 12113 Taylor Road in Houston, Texas. Chase Tucker and Andrew Bischoff facilitated this strategic acquisition, adding these crucial assets to the Finial Group’s Single Tenant Industrial Aggregation Fund.
This latest acquisition concludes Finial Group’s series of investments in this industrial park, following the initial purchase of the first two buildings earlier in January. Located in the Northwest Outer Loop submarket, the properties provide direct access to U.S. 290 and Jones Rd, enhancing logistical operations for tenants. The newly acquired buildings, comprising one building with 10,000 SF of pure warehouse space and another 10,000 SF building with 1,400 SF of office space complemented by additional warehouse space, are designed to support a wide range of industrial activities. Features like grade-level doors, ample parking, clear span warehouses, 3-phase power, 21’ clear height, and full climate control make these facilities highly functional and adaptable to diverse industrial needs.
This acquisition is a significant enhancement to the Finial Group’s Single Tenant Industrial Aggregation Fund, which proactively targets exceptional real estate opportunities across the Sunbelt states. The Finial Group continues to demonstrate an aggressive stance in the market, focusing predominantly on the procurement of off-market, free-standing buildings that possess substantial potential for value addition and growth. The recent acquisition of the property at 12111 & 12113 Taylor Road exemplifies this strategy, showcasing the Fund’s commitment to commitment to developing a diverse and resilient portfolio suited to the evolving demands of the industry.
With the completion of this acquisition, Finial Group has solidified its presence in the Houston market, demonstrating its capacity to strategically manage and expand its portfolio across significant geographic areas. This achievement not only reinforces Finial Group’s commitment to enhancing its investment fund but also highlights its expertise in executing complex real estate transactions that deliver robust returns and long-term value to its investors.