Nelson Duffie Buys Industrial Properties, Houston

In Houston, NDI Industrial Partners, Ltd., a partnership sponsored by Nelson Duffie Interests, Inc., purchased a 417,825 sq ft industrial portfolio from Prologis, Inc. This is Nelson Duffie’s second largest industrial purchase to date. Tom Lynch with CBRE represented the seller and Nelson Duffie represented themselves in the transaction.

John T. Fenoglio of CBRE Capital Markets, LLC arranged the purchase financing through Richard E.C. Miller of Viewpoint Bank.

Nelson Duffie Interests is a privately owned full service development and purchase company headquartered in Houston. The partners in the company are Richard R. Nelson III and John C. Duffie.