Colliers is pleased to announce the purchase of a 119,866-square-foot industrial building located at 12755 S Kirkwood Road in Stafford, Texas. Situated on approximately 6.83 acres, the property was acquired by Chemplast, one of Houston Business Journal’s fastest-growing companies. Barkley Peschel and Jason Scholtz of Colliers represented the buyer in the transaction.
“This acquisition aligns with Chemplast’s strategic growth plan and positions the company for continued success in serving its expanding client base,” said Barkley Peschel of Colliers.
“We are proud to have represented Chemplast in their search for a manufacturing facility in the area, identifying an off-market property that perfectly fit their needs and negotiating a deal to support their continued growth and expansion,” said Jason Scholtz of Colliers.
“This facility provides the infrastructure and space Chemplast needs to enhance our operations and meet increasing market demands. We’re excited to continue our growth journey in such a prime location,” said KC Alexander, President of Chemplast.
About Chemplast
Chemplast is a leading supplier of specialty plastic products with a strong presence in the industrial sector. Recognized as one of Houston Business Journal’s fastest-growing companies, Chemplast is committed to delivering innovative solutions to its clients and advancing its leadership in the industry. Learn more at chemplastinc.com.
About Colliers
Colliers is a leading global diversified professional services company, specializing in commercial real estate services, engineering consultancy and investment management. With operations in 70 countries, our 22,000 enterprising professionals provide exceptional service and expert advice to clients. For nearly 30 years, our experienced leadership – with substantial inside ownership – has consistently delivered approximately 20% compound annual investment returns for shareholders. With annual revenues exceeding $4.5 billion and $99 billion of assets under management, Colliers maximizes the potential of property, infrastructure and real assets to accelerate the success of our clients, investors and people. Learn more at corporate.colliers.com, X @Colliers or LinkedIn.
