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Colliers International announces the latest land deal completed in Tomball Business and Technology Park

Houston, September, 7, 2018 - Colliers International I The Woodlands is pleased to announce the sale of a ±2.94 acre tract of land on Spell Circle (Lot 13) located northwest of Spell Road and Hufsmith Kohrville Road in Tomball, Harris County, Texas. The buyer, Nickson Spell Road 13, LLC, purchased the property for its second speculative project in the Tomball Business and Technology Park. The future plans consist of an office/warehouse building totaling ±25,200 square feet. Once leased, this new project is anticipated to create 15-25 new full-time jobs within the City of Tomball. The buyer was represented by ACC Realty, LLC. Tom Condon, Jr. with Colliers International represented the seller, Tomball Economic Development Corporation, led by Kelly Violette, Executive Director and Mayor Gretchen Fagan, Board President. Jane Mathews with Stewart Title - Tomball coordinated the closing.

 

Colliers International Group Inc. (NASDAQ: CIGI) (TSX: CIGI) is a top tier global real estate services and investment management company operating in 69 countries with a workforce of more than 13,000 professionals. Colliers is the fastest-growing publicly listed global real estate services and investment management company, with 2017 corporate revenues of $2.3 billion ($2.7 billion including affiliates). With an enterprising culture and significant employee ownership and control, Colliers professionals provide a full range of services to real estate occupiers, owners and investors worldwide, and through its investment management services platform, has more than $20 billion of assets under management from the world’s most respected institutional real estate investors. 

Colliers professionals think differently, share great ideas and offer thoughtful and innovative advice to accelerate the success of its clients. Colliers has been ranked among the top 100 global outsourcing firms by the International Association of Outsourcing Professionals for 13 consecutive years, more than any other real estate services firm. Colliers is ranked the number one property manager in the world by Commercial Property Executive for two years in a row.

Colliers is led by an experienced leadership team with significant equity ownership and a proven record of delivering more than 20% annualized returns for shareholders, over more than 20 years.

For the latest news from Colliers, visit Colliers.com or follow us on Twitter: @Colliers and LinkedIn.

For further information, please contact: Tom Condon, Jr., Senior Vice President, The Woodlands, 713-830-4007