FOR IMMEDIATE RELEASE
Colliers International represents Buyer of Louetta Medical Plaza.


 

 

July 22, 2015 - The Woodlands - Jason Tangen with Colliers International represented the buyer of Louetta Medical Plaza a 12,750 SF retail center primarily occupied by medical tenants. The property was roughly 70% occupied at the time of sale and included an adjacent 1.9 AC for future development. The purchase provided upside to the buyer through lease-up of vacancy and future development of the adjacent property. The buyer is in the process of developing an additional 12,000 SF on the adjacent property. Ron Garris with Garris Real Estate represented the Seller. The property is located at 5834 Louetta Road, Spring TX 77379.

 

 

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Colliers International Group Inc. (NASDAQ: CIGI; TSX: CIG) is a global leader in commercial real estate services with more than 16,300 professionals operating from 502 offices in 67 countries. With an enterprising culture and significant insider ownership, Colliers professionals provide a full range of services to real estate occupiers, owners and investors worldwide. Services include brokerage, global corporate solutions, investment sales and capital markets, project management and workplace solutions, property and asset management, consulting, valuation and appraisal services, and customized research and thought leadership. Colliers International has been ranked among the top 100 outsourcing firms by the International Association of Outsourcing Professionals' Global Outsourcing for 10 consecutive years, more than any other real estate services firm. For the latest news from Colliers International, visit Colliers.com or follow us on Twitter (@ColliersIntl) and LinkedIn.

 

Locally, Colliers International | Houston is a full service commercial real estate firm with offices in the Galleria, Sugar Land and The Woodlands, providing integrated services to clients locally and globally since 1957. The staff of over 100 professionals specialize in the sale and leasing of office, industrial, retail, multi-family, investments, and land properties, valuation and advisory services, and real estate, property, and project management. Find out more at www.colliers.com/thewoodlands

 

 


For further information please contact:

Jason Tangen, Vice President
The Woodlands, Colliers International
Tel: 713 830 4006
Email: jason.tangen@colliers.com
www.colliers.com