After Subsidiary Leaves Conroe Business Park, Bauer Group Now Looking for Replacement
International construction firm and machinery manufacturer, The Bauer Group, is hoping to find a replacement for one of its subsidiaries at an industrial site it owns. Bauer has plans for Northstar Industrial park, a project in the Houston suburb of Conroe. The park used to house Bauer subsidiary NEORig. Currently there are five warehouses and distribution buildings totaling 200,000 square feet on 79 acres.
Avison Young is working with Bauer to find new tenants. To increase their chances, the two are teaming up to construct and market build-to-suit facilities on the site’s 31.5 acres of undeveloped land, which could ultimately yield as much as 500,000 square feet of leasable space.
NorthStar Industrial Park is located east of Interstate 45 with access from both Loop 336 and FM 3038 and is about one hour north of Houston. The highly-touted Houston industrial real estate market continues to exhibit strong fundamentals, sitting at around 6% vacant today.
Mike covers our Texas and Phoenix/Southwest regions. He is a veteran news reporter who spent 10 years in radio and television news, mostly in Tucson, Arizona. Following his career in the media, he spent ten years as a communications executive for a publicly traded development company. Mike is married with three boys and three Huskies.
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