FBRE Negotiates Sale of Iconic Richmond Foundry, Fort Bend County

Kelly Ferguson, Bud Friedman and associate Barry Beard negotiated the sale of the iconic foundry in Richmond. FBRE had been retained by the owner, a Chicago-based trust, to market the property, which includes 37.5 acres and over 200,000 SF of warehouse. FBRE then procured the buyer, a seasoned local developer, and successfully worked through a complicated due diligence period and negotiated the sale. The new owner will soon redevelop the site for mixed-use. With its proximity to US 90A and historic downtown Richmond, the future development will be an excellent, welcome addition to FortBend's charming—and burgeoning—county seat.

By |2018-11-07T11:57:07+00:00November 7th, 2018|Commercial, Company News, Listings|Comments Off on FBRE Negotiates Sale of Iconic Richmond Foundry, Fort Bend County