BANDIER Realty Partners sells Hilltop Business Park in Conroe

Published 09/20/2012


CONROE, Texas -- Jason Tangen of BANDIER Realty Partners represented Chrisman Properties, LLC in the sale of Hilltop Business Park, consisting of 29,000 SF in 4 industrial buildings. The industrial park was 74% occupied at the time of purchase. The sale included an additional 8 acres of land for future expansion of the park. The property is located at 3702 & 3704 Hilltop Dr., Conroe, Texas.

Jason Tangen stated, “This was a great value-add investment opportunity. The buyer bought the property with the intention of future industrial development on the additional acreage. Current rental income will help offset these development costs."

The buyer, Hilltop I Rentals, LLC & Hilltop II Rentals, LLC and was represented by Bill G. D’Amico of D7 Properties.