Lunada Rose Partners Acquires Fully Leased Vault Distribution Center In Houston

The property involved in the transaction is the Vault Distribution Center, which encompasses an industrial asset with a total area of 185,413 square feet and occupies 16 acres at 13612 Furman Road in Houston. The facility features 34 dock-high loading doors and is fully leased, currently occupied by Empire Auto Parts. The transaction was completed in an all-cash arrangement.

Summary of transaction details:

• Property Type: Industrial

• Transaction Amount: Undisclosed

• Buyer: Lunada Rose Partners

• Seller: Michael Rubenstein & Garrett Thompson - Vault Partners

• Market: Houston

• Asset Size: 185,413 square feet

• Acres: 16

• Loading Doors: 34

• Occupant: Empire Auto Parts

• Location: Near Highway 288

Lunada Rose Partners executed the purchase of the distribution center from Michael Rubenstein and Garrett Thompson, who represented Vault Partners in this all-cash deal. The property was developed by Vault Partners specifically for leasing purposes.

Details

• SOLD

• IMAGE: Michael Rubenstein & Garrett Thompson

• DATE: 09/10/2024

• ADDRESS: 13612 Furman Road

• MARKET: Houston

• ASSET TYPE: Industrial ~ SF: 185,413 ~ ACRES: 16

• BUYER: Lunada Rose Partners

• SELLER: Michael Rubenstein & Garrett Thompson - Vault Partners

• NOTE: Lunada Rose Partners purchased the fully leased 185,413-square-foot Vault Distribution Center in Houston in an all-cash transaction, with the final price undisclosed. The facility, developed by Vault Partners and featuring 34 dock-high loading doors, is occupied by Empire Auto Parts and is strategically located near Highway 288