Cravey Real Estate Services' John Foret Facilitates Major Industrial Sale in Victoria, Texas

CORPUS CHRISTI, Texas - May 20, 2025 - PRLog -- Cravey Real Estate Services, Inc. is proud to announce that John Foret has successfully represented Ken Garner Manufacturing in the sale of a major industrial facility at 203 Wayne Watkins Drive in Victoria, Texas. This transaction marks a milestone for the region's industrial and economic development.

The 41,829-square-foot facility, situated on 16 acres within an industrial park, was listed for $7,500,000. Purpose-built for heavy manufacturing, the building features 30-foot clear height, 90 tons of HVAC capacity and an engineered 8-inch concrete slab with double mat rebar—ideal for large industrial machinery. Additional infrastructure includes five overhead cranes (four 25-ton and one 7.5-ton), dual high-capacity electrical panels and full municipal utility access.

With over $2.5 million in crane and handling systems, windstorm engineering and climate-controlled warehousing, the facility is well-suited for high-volume fabrication or specialized industrial operations.

John Foret, who led the transaction for Cravey, received high praise from the seller. Ken Garner, Chairman of Ken Garner Manufacturing, stated, "You were diligent and professional throughout the process and a valuable resource for advice. You showed a deep knowledge of industrial property that I think is uncommon for real estate representatives."

Foret added, "This deal reflects the strength of Victoria's industrial market and its growing appeal to manufacturers expanding in Texas. It's a win for the seller, a strategic investment for the buyer and a broader signal of confidence in South Texas."

Catalyst for Regional Growth
Victoria's location—between Houston, Corpus Christi and the U.S.-Mexico border—makes it a prime area for industrial investment. The region offers a skilled workforce, strong educational support and business incentives like tax abatements, Freeport exemptions and job training grants. Its infrastructure and lower real estate costs further strengthen its appeal to manufacturers and logistics firms.

"This sale underscores how Victoria is evolving into a key industrial and logistics hub," said Foret. "The community benefits from infrastructure that supports advanced manufacturing, and local leadership has created an environment that encourages business investment."

The buyer plans to use the facility for expanded production, which is expected to bring immediate job creation and long-term economic benefits, including additional supply chain and infrastructure development.

For More Information:
Cravey Real Estate Services, Inc.
5541 Bear Ln, Suite 240, Corpus Christi, TX 78405
Phone: 361-289-5168
Email: john@craveyrealestate.com

About Cravey Real Estate Services, Inc.
Cravey Real Estate Services, Inc. is a full-service commercial real estate firm serving the South Texas market. With a 50-year legacy of performance and integrity, Cravey represents property owners, tenants, developers, and investors across industrial, retail, office and land sectors.