Loop 610 Tract Sold, Market briefs

A 6.2-acre North Loop tract with an industrial building has been sold. Photo: Avison Young

In Houston, A self-storage operator has purchased a 6.2-acre tract on Loop 610 North near The Heights, as stated by the Avison Young commercial real estate firm.

The site had been used as the printing plant for Greensheet, a “shopper” publication specializing in classified ads since 1970.

The 40,000 SF of industrial space at 1690 North Loop West, just a couple of miles north of downtown Houston.

Avison Young Principals Todd MasonandJeff Lindenbergeralong withRichard Masonand Taylor Wilson, Senior Associates in the firm’s Houston office, represented the seller, Helen Gordon Interests, LTD, founder of the Greensheet.

“This area is rapidly redeveloping, and it is exciting to see the continuing revitalization of the Houston Heights community,” Avison Young’s Richard Mason. “The properties in this area have a rich history.This space was the printing complex for the Greensheet for 20 years and it is adjacent to the nearly 80-year-old Houston Farmers Market. The renovations that are in progress in this area will have a positive impact on the community for generations to come.”

The buyer was GSD North Loop 610, LLC (Greenspace Holdings).

Greenspace has plans to erect a self-storage facility on a portion of the property.