ICO Commercial's Client Purchased 5 Acres of Land in Houston, Texas
Sugar Land – August 2022 – ICO Commercial's client purchased 5.067 Acres of Land on Fuqua from CG Reserve 164 Inc. Peyton Easley with ICO Commercial represented the Buyer, Inaka Power Real Estate, LLC. Tom Carter with Greater Houston Commercial Properties represented the seller.
Peyton represented Inaka Power (a fitness brand selling apparel, fitness accessories, and supplements) in their first lease transaction last year for 4,200 SF. Inaka jumped to 17,704 SF in just 90 days after signing their first lease. As this company has experienced exponential growth over the last 18 months, they decided to buy this 5 acre site to build a 56,000 SF warehouse that will house their distribution facility and corporate offices.
This site is strategically located off Fort Bend Toll Road at the corner of Fuqua. There has been a large uptick of industrial development activity between Beltway 8 and Hwy 6 on Fort Bend Toll Road that started with Amazon's 1,081,292 SF building in Lovett Industrial's Fort Bend Business Park last year.
About ICO Commercial
ICO Commercial is a privately held, full-service commercial real estate services firm assisting owners and users of real estate in the Houston region for over 30 years. ICO Commercial is distinguished as one of Houston's leading commercial real estate services firms and has provided strategic advice and expertise in buying, leasing, selling, building, managing, and investing in over 30 million square feet and over $1 billion in industrial, office, retail, and land properties. ICO Commercial focuses every day to add value to client's lives and businesses through excellence, creativity, and enthusiasm. Please visit us at www.icotexas.com.