Colliers finalizes sale/leaseback of industrial investment sites leased to Knight Energy

HOUSTON - Sept. 15, 2023 - PRLog -- Colliers is pleased to announce the successful sale/leaseback of industrial investment sites leased to Knight Energy. One of the properties is located at 14207 U.S. Route 2 in Williston, North Dakota, and the other two are located at 2810A Melancon Road and 1001 Briar Patch Drive in Broussard, Louisiana. The buyer, Arsenault Holdings, was represented by Todd Moore of Colliers. The seller, HMC Leasing, was represented by Barrett Gibson and Jason Tangen, also of Colliers.

14027 U.S. Route 2 in North Dakota is a single-tenant industrial property that is 100% occupied by Knights Oil Tools. It is a Class B building that contains ±79,424 square feet within three structures on ±22.57 acres of land. Knights Oil Tools will continue to occupy the space.

2810A Melancon Road and 1001 Briar Patch Drive are contingent property spaces in Broussard, Louisiana with ±46.08 acres of land area combined. It has a total of ±134,532 square feet of space within eight buildings. The property is and will continue to remain 100% occupied.

The tenant, Knight Energy Services, provides high-quality equipment and services to ensure each job is safe. The company works throughout the United States and Mexico.

Read the full article here: https://www.colliers.com/en/news/houston/knights-energy-s...