Tomball Economic Development Corporation finalizes purchase of First Baptist Church campus

By: Colliers | Houston
 
HOUSTON - April 24, 2023 - PRLog -- Colliers is pleased to announce the purchase of the First Baptist Church campus at 401 Oxford Street in Tomball, Texas by the Tomball Economic Development Corporation (TEDC). The seller, First Baptist Church of Tomball, was represented by Ruddy Parisher of Century 21 Parisher Properties. Tom Condon Jr. and John Grimsley of Colliers represented the buyer in the transaction.

"This strategic investment offers the TEDC an excellent opportunity to further enhance thriving Old Town Tomball," said Kelly Violette, Executive Director for the Tomball Economic Development Corporation. "We are excited about developing the property and delivering a win for commerce and culture in Tomball."

The ±84,420 square foot campus sits on 4.63 acres in Old Town Tomball and was purchased by TEDC to further their commitment to the revitalization of the area. The purchase was unanimously approved by Tomball City Council on March sixth. TEDC is leasing the property back to First Baptist Church and will consider how to best redevelop it for the betterment of the community when the lease expires.

See the full article here: https://www.colliers.com/en/news/houston/oxford-street-20...
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Source:Colliers | Houston
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