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NAI Partners Represents Tool-Flo Manufacturing in the Acquisition of 15 Acres to Build 80,000 SF Metal Machining Facility

12/16/2015

NAI Partners Represents Tool-Flo Manufacturing in the Acquisition of 15 Acres to Build 80,000 SF Metal Machining Facility

 

Houston, Texas –November 24, 2015 –. NAI Partners Represents Tool-Flo Manufacturing in the Acquisition of 15 Acres to build 80,000 SF metal machining facility and office use located in the Spectrum Business Park in the City of Pearland.

Tool-Flo Manufacturing, Inc. began operation in Houston in January 1978. Tool-Flo serves the carbide threading and grooving market throughout the United States as well as throughout the world.

Tool-Flo employs manufacturer’s representatives to cover the United States and to service the U.S. distributor network. The markets Tool-Flo serves include automotive, aerospace, and medical and oil industry products and basic domestic manufacturers.

Tool-Flo continues to be a major supplier to the oil and gas drilling and production industry and provides a major portion of the premium threading tools used in this industry.

Dan F. Boyles, Jr. and Lane Morgan of NAI Partners represented the buyer, Tool-Flo Manufacturing during the negations, while Justin Patchen of Urban Meridian Group represented the seller, Spectrum 86 Partners.

                                                     

About NAI Partners:

NAI Partners is one of Houston’s largest independently owned commercial real estate services organizations with offices in Houston, Austin & San Antonio. Firm reputation for leadership, knowledge, creativity and proven ability. The company has a distinctive, solid foundation comprised of top-level local professionals with a diversified skill set offering over 20 years of commercial real estate experience.  NAI Partners is a truly full-service commercial real estate institution, supported nationally and internationally through a partnership with NAI Global.  

 

 

Contact:

Elke S. Laughlin

Elke.laughlin@naipartners.com

713 985 4607

12/16/2015 - 14:45

Source

NAI Global

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