Panelmatic, which was acquired by private equity firm Neos Partners in January 2025, acquired a 183,600‑square-foot industrial facility at 3212 Old Highway 105 E in Conroe, Texas, for $20.7 million from Protect Controls, a local corporation.
Houston-area warehouse sells in owner-user deal
Panelmatic Texas expands manufacturing footprint with Conroe acquisition
By Zahra Ihsan with
March 25, 2026 | 3:15 P.M.
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IN THIS ARTICLE
- Properties
- Companies
- Protect Controls Inc
Manufacturing
- Contacts
- Michael Foreman
Executive Director, Cushman & Wakefield
- Jim Foreman
Vice Chairman, Cushman & Wakefield
- Jordan Trout
Vice President, Colliers
- Iryna Falyk
Senior Transaction Manager, Cushman & Wakefield