Colliers International is pleased to announce CIA Services, Inc. has purchased tract H, a 2.97 acre tract of land, located on Timber Forest Drive in Humble, Texas. CIA Services provides professional community association management to property owner and homeowner associations. CIA Services plans to build a 10,000 square foot office building on the land tract becoming their third location in the Houston area.

The buyer was represented by Dan F. Boyles and Liz Westcott-Brown of NAI Partners. The seller, Patricia Al-Attas Barrett et al, was represented by Tom Condon, Jr., senior vice president of Colliers International in The Woodlands.

The Atascocita/Lake Houston submarket area is situated just west of Lake Houston, a popular recreation and growing residential suburb of Houston. The Northeast Outlier office submarket consists of just under 1 million square feet, and is well leased, boasting a 95.7% occupancy rate. The submarket has posted positive absorption, and rent growth has increased by 0.5%.

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