SVN | J. Beard Real Estate - Greater Houston Recently Facilitated The Sale Of Spring Hill Business Park In Spring, TX

SPRING, TX -- SVN | J. Beard Real Estate – Greater Houston has recently facilitated the sale of Spring Hill Business Park at 322, 500, and 504 Spring Hill Dr., Spring, TX 77386. Situated in The Woodlands submarket, the 60,000+ square-foot business park is located less than one mile from I-45, the Hardy Toll Rd., and Spring Woods Village.

Neal King, an advisor with SVN | J. Beard Real Estate – Greater Houston, represented the two separate sellers, Spring Hill BP, LLC, and Spring Hill BP II, LLC. The buyer, SHB Park, LLC, was a private partnership.

According to King, “This transaction moved quickly, as once it was under contract we closed in approximately 50 days. However, this project has been ten plus years in the making. Over the past decade, we handled the leasing and were able to keep this historically strong performing asset at a high and stable occupancy rate for our clients. When they were ready to sell, we were able to secure multiple offers from well qualified prospects, providing our clients with the highest value and best possible outcome.”

With Spring Hill Business Park now under new ownership, SVN | J. Beard Real Estate – Greater Houston will continue the leasing and property management of the business park for SHB Park, LLC.