(PASADENA, TEXAS — APRIL 2022) Reed Vestal, SIOR, CCIM of Junction Commercial Real Estate brokered the sale of a ± 133,040-square-foot, Class-A industrial distribution facility at 4116 Pasadena Boulevard in Pasadena, Texas. Reed Vestal, SIOR, CCIM of Junction Commercial Real Estate and Taylor Schmidt of Lee & Associates - Houston represented the seller, Vigavi Realty, LLC, and the undisclosed buyer was represented by Reed Vestal, SIOR, CCIM of Junction Commercial Real Estate and Larry Kliger of Lawrence Allen & Associates. The site is located in the highly sought after Southeast Houston submarket, near the intersection of Beltway 8 and Pasadena Boulevard.
Reed Vestal, SIOR, CCIM and Taylor Schmidt, SIOR, CCIM were also responsible for Vigavi’s initial acquisition of the ± 9.59 acres of land the distribution facility sits on. The team helped guide their client from dirt assemblage to finished Class-A product in less than two years.
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.