crefeed.com | Cleveland firm acquires Texas industrial property

4/25/2008

Cleveland firm acquires Texas industrial property

by
In an effort to expand its southwest holdings, Cleveland, Ohio-based Weston, Inc. has purchased the Moll Building in the San Antonio suburb of New Braunfels, Texas. The seller was Palo Alto, Calif.-based JJM Holdings, LLC, according to Comal County tax records.

Weston was represented in the deal by Greg Marberry of CB Richard Ellis.

The Moll Building is located at 710 FM 306 in New Braunfels, a town approximately 33 miles northeast of San Antonio. It is situated on 9.5 acres and was expanded from 51,470 square feet to 102,940 square feet in 1994. The property was formerly occupied by Moll Industries, a company that specializes in injection molding. It is now leased to EH Systems, a locally-based manufacturer and distributor of structural insulated panels.

Marberry is a first vice president with CBRE's Austin office, where he specializes in industrial and high tech-oriented transactions. He joined the firm in 1989 and is a former "Rookie of the Year."

Address: 710 FM 306, New Braunfels, Texas

Filed Under: Industrial

E-mail this article to a friend | Printer friendly format| DIGG this| Post to del.icio.us

Comments on this article

No comments have been posted in the last 15 days!

Send us your comments on this article

Related Headlines

Colliers International welcomes three brokers in California - 5/29/2009
Texas hotel sells for $4.275M - 5/29/2009
Massey Knakal lists NoHo retail building for $5.95M - 5/29/2009
California industrial building sells for nearly $3 million - 5/29/2009
NAI facilitates sale of Alaska mixed-use building - 5/28/2009
Long Beach retail center commands $6.05M - 5/28/2009
Florida land fetches $2.725M - 5/28/2009
Marcus & Millichap list Virginia retail store for more than $10.2M - 5/28/2009
Colliers Arnold stays busy in Tampa - 5/27/2009
Colliers sells two buildings in California - 5/27/2009