Welcome Group Expands Outside of Texas With Two Acquisitions in Georgia
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HOUSTON, April 22, 2021 /PRNewswire/ Welcome Group, LLC has turned the old adage to go west young man on its head by heading east to acquire two commercial properties in Georgia. These two acquisitions mark Houston-based Welcome Group s first purchases outside the state of Texas.
In recent weeks, the Welcome Group closed on the purchases of:
The Shaw-Almex facility in Decatur, GA. This is a single-tenant industrial/office building that was built in 1984 and expanded upon in 1996. The property totals approximately 135,000 square feet on nearly 15 acres. Welcome Group purchased the 100%-leased Shaw-Almex property for a price of $8,900,000 ($65.66/SF).
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Northwest Houston Office/Industrial Complex Added To Welcome Group Portfolio
January 18, 2021 GMT
HOUSTON, Jan. 18, 2021 /PRNewswire/ Welcome Group, LLC has acquired the Tally energy property in West Houston, Texas. The property consists of four office and industrial buildings. It is the latest addition to the commercial real estate owner and developer’s growing list of holdings.
The newly acquired property was approximately 129,085 square feet of leasable area on a 7.08-acre site. It is located at the southwest intersection of the West Sam Houston Parkway and Tanner Road. All four buildings on the premises were constructed in 2013 and are currently 100% leased by three tenants.