SOLD — 0 FARM-TO-MARKET 529

Reed Vestal, SIOR, CCIM and John Erck, CCIM of Junction and  Taylor Schmidt, SIOR, CCIM with Lee & Associates - Houston brokered the sale of ± 33.69 acres of land at the corner of Farm-to-Market 529 and Katy Hockley Cut Off Road in Katy, Texas. The tract is approximately 2.50 miles west of the intersection of Grand Parkway (99) and Farm-to-Market 529. The sale of this site concludes the disposition of an overall ± 73.80 acre tract listed by Vestal, Erck and Schmidt.

 

The site is situated in an area of high growth, surrounded by new industrial, retail and residential developments, most notably Elyson, Newland’s 3,600 acre master planned community and FedEx’s 800,000-square-foot distribution center.

 

The new owners of the ± 33.69 acre tract have not yet disclosed future plans for the site.

 

About Junction Commercial Real Estate

Junction Commercial Real Estate is a full-service commercial real estate firm that specializes in brokerage and investment management. With relentless determination and an unwavering commitment to clients, investors, and partners, the Junction team combines over thirty years of producing exceptional results. Collectively, our real estate professionals have brokered, acquired, managed, and disposed of billions of dollars of commercial assets domestically and internationally. Junction is headquartered at One Riverway in Houston, Texas. For additional information, please visit JunctionUSA.com. 

SOLD - 6007 & 5927 Farm-to-Market 2218

(RICHMOND,  TEXAS — JUNE 2021) Reed Vestal, SIOR, CCIM and John Erck, CCIM of Junction and  Taylor Schmidt, SIOR, CCIM with Lee & Associates - Houston represented the Plasenica Family in the sale of a 4,350-square-foot industrial manufacturing building on 10.46 acres at 5927 & 6007 FM 2218 in Richmond, Texas. Vestal, Erck and Schmidt represented the seller, and Robert Gracia with Connect Realty.com, Inc represented the buyer.

 

The property is located less than 1 mile from the intersection of Highway 36 and FM 2218, and 3 miles from the intersection of Interstate 69 and FM 2218.

 

New owners of 10.46 acre property have not yet disclosed future plans for the site.

 

About Junction Commercial Real Estate

Junction Commercial Real Estate is a full-service commercial real estate firm that specializes in brokerage and investment management. With relentless determination and an unwavering commitment to clients, investors, and partners, the Junction team combines over thirty years of producing exceptional results. Collectively, our real estate professionals have brokered, acquired, managed, and disposed of billions of dollars of commercial assets domestically and internationally. Junction is headquartered at One Riverway in Houston, Texas. For additional information, please visit JunctionUSA.com. 

(HOUSTON,  TX — AUGUST 2021) Junction Commercial Real Estate is pleased to announce Reed Vestal, SIOR, CCIM has been named a finalist for REDNews’s Broker of the Year award. This is the second consecutive year Vestal has been named to the finalist list.

“It is a great honor to be named among some of the the most elite commercial real estate brokers in the Greater Houston Area,” said Vestal, Managing Partner of Junction Commercial Real Estate. “Being a two-time recipient of this award is a testimate to the work my team and I put in daily in our effort to positively impact our city today and for generations to come.

In addition to being named a Broker of the Year finalist in 2020, Vestal was also recognized as a finalist for the REDNews Most Significant Sales Transaction award for his work on the ± 132.00 acre Weiser Airpark transaction.

Annually, REDNews recognizes the top commercial real estate firms, brokers, and transactions in the Houston market in an award ceremony. This year the event was hosted at the Briar Club on Thursday, August 5, 2021.

 

About Junction Commercial Real Estate

Junction Commercial Real Estate is a full-service commercial real estate firm that specializes in brokerage and investment management. With relentless determination and an unwavering commitment to clients, investors, and partners, the Junction team combines over thirty years of producing exceptional results. Collectively, our real estate professionals have brokered, acquired, managed, and disposed of billions of dollars of commercial assets domestically and internationally. Junction is headquartered at One Riverway in Houston, Texas. For additional information, please visit JunctionUSA.com. 

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