Hendricks Interests Sells 40 Acres in Cypress Preserve Park Near Springwoods/Exxon Campus

12/14/18


The site was purchased for a future multi-building distribution project led by Jeff Davis and Jeff Stringer of Davis Commercial Development.

Colliers International notes Cypress Preserve Logistics Center, LLC has purchased 34.91 acres in the Cypress Preserve Park located at I-45 North & Cypress Creek Parkway near The Woodlands and George Bush Intercontinental Airport. The park developer, Hendricks Interests, LLC, was represented by Todd N. Edmonds, SIOR and Michelle Soderberg of Colliers International | The Woodlands.

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 $25 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.

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