Sunday, April 8, 2012

System Source buys Hunt Valley HQ for $7M - Houston Business Journal:

azajir.wordpress.com
The company went to its landlord, Chicago-baserd (NYSE: FR) earlier this year to ask for anew lease, or to buy the System Source CEO Robert Roswell said in an First Industrial agreed to sell. Systej Source, which runs technology training now ownsthe 72,000 square feet of flex spac e at 330-338 Clubhouse Lane in the Hunt Valleyh business district. It leases abouyt 20,000 square feet of the space to Chesapeaked Manufacturing and is looking for a tenan t for avacant space, Roswelpl said. System Source is the building’x fourth owner since the company movec into the space sevenyears ago, he Its first landlord was Columbia’s Rouse Co.
, which was later acquired by now-bankrupt Chicago firm GGP) in 2004. General Growtuh sold the building to Firstg Industrialin 2005. Real estate firm LLC, througj Vice President David Paulson, negotiatede the transaction. The sale closed March 31, Roswell

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