Lee & Associates – Houston Announces A Sale Of An Industrial Property

Duma Land, LLC Sells 100,000-Square-Foot Space to Ivest, LP

HOUSTON (April 9, 2020) – Lee & Associates – Houston, a nationwide leader in commercial real estate services, today announced the sale of an industrial property in Houston. Duma Land, LLC sold 100,000-square-feet of space on 6.2 acres to Ivest, LP. The property is located at 8201 and 8211 La Porte Freeway.

Lee & Associates – Houston’s Trey Erwin, SIOR, Justin Tunnell, Senior Director, and Justin Cole, Associate, represented the seller. The buyer, Ivest, LP, was represented by Jim Autreuy of Moody Rambin.

Split across two, two-story buildings, the property has around 43,000-square-feet of office space, with 8201 La Porte Freeway offering an additional 2.3 acres of stabilized yard. The land is fully fenced with an electric gate and provides easy accessibility with La Porte Freeway/SH-225 frontage and is in close proximity to I-610, many plants and refineries, and the Houston Ship Channel. The property has 14 dock-high doors, three ramps and one recessed dock with cross-dock capabilities.

About Lee & Associates – Houston:
Lee & Associates – Houston is a fully-integrated, commercial real estate company with unrivaled capabilities and an unwavering dedication to integrity. Our business-minded brokers specialize in office, industrial and land real estate investments. As the fastest-growing, broker-owned firm in the nation, with more than 60 office locations in North America, we are uniquely qualified to support our clients’ real estate needs in the local, national and international markets.