Leeco Steel, an Illinois-based steel plate distributor, acquired the former TSC Offshore building in Houston for $5.3 million, or about $79 per square foot.
The industrial building delivered in 1996 at 8655 Golden Spike Ln. in Houston's Hwy 290/Tomball Parkway Industrial submarket. It totals 67,000 square feet with 7,000 square feet of office space and sits on approximately seven acres. This is a heavy power building, with 32'-38' clear heights and 3 cranes, ranging from 10-35 tons.
Michael Keegan & John Ferruzzo with NAI Houston represented Omni Metals, while Clay Pritchett, also with NAI Houston, represented Leeco Steel.
Please see CoStar COMPS #2918292 for more information on this transaction.