51 Acre Industrial Complex - 4599 US Hwy 77 - 2025 Sale of the Year CoStar Impact Award Winner

Winners were selected by a panel of more than 630 esteemed industry professionals across 129 markets at the fourth annual commercial real estate awards
 
CORPUS CHRISTI, Texas - April 1, 2025 - PRLog -- The sale of 4599 US Highway 77 in Robstown, Texas was named the 2025 Sale/Acquisition of the Year CoStar Impact Award winner in the Corpus Christi market. Winners—chosen for their growth, diversification, and ability to overcome unique challenges in their markets—were selected from a panel of more than 660 industry professionals drawn from each respective market.

The sale of the 118,892 square foot industrial trucking facility on 51 acres at 4599 US Hwy 77 in Robstown, Texas, facilitated by Matthew Cravey of Cravey Real Estate Services, Inc., represents a landmark transaction in South Texas. This deal highlights strategic expansion, market resilience and innovative problem-solving in commercial real estate.

This transaction set a precedent in the regional industrial market, solidifying Robstown's importance as a growing hub for heavy equipment and logistics. Bottom Line Equipment's acquisition of the facility not only expanded its Texas footprint but also enhanced local economic vitality by introducing a major industry player into the market. This sale contributed to regional growth by strengthening South Texas' role in the construction and equipment rental sectors.

A panel of industry judges familiar with the area saluted the deal with a 2025 CoStar Impact Award as the acquisition of the year for the Corpus Christi market. "This is a big facility in an area that has traditionally had oil businesses that helped carry the local economy. But with the oil business contracting, these types of large facilities have become more challenging to move," said panel judge Cliff Atnip, partner and broker with Cobb, Lundquist & Atnip Realtors. "This is a good deal for the local Robstown economy."

The CoStar Impact Awards recognize exemplary commercial real estate transactions and projects completed in 2024 that have significantly influenced neighborhoods or submarkets across 129 major international markets in the United States, Canada, and the United Kingdom. The awards honored over 340 winners for their CRE transactions across five categories: Lease of the Year, Sale/Acquisition of the Year, Commercial Development of the Year, Multifamily Development of the Year and Redevelopment of the Year.

"Each year, the CoStar Impact Awards celebrate commercial real estate professionals that are introducing innovative and transformative projects and transactions in the industry," said Lisa Ruggles, Senior Vice President, Global Operations at CoStar Group. "We received an incredible number of submissions this year and enlisted a diverse panel of judges across each market to identify the most impactful projects shaping the commercial real estate landscape. Congratulations to all the winners for their efforts to transform the industry and the communities they serve."

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Location:Corpus Christi - Texas - United States
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