Texas CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Sub Markets

Property Sectors

Topics

Texas  + Industrial  | 

Quick Lease-Up Paves Way for Beltway-225 Business Park Phase II

The quick lease-up of Beltway-225 Business Park Phase I in Pasadena, TX led owner United Equities Inc.to announce construction on the second phase. Groundbreaking on Phase II is anticipated to launch by Q2 2020.

The first-phase lease-ups included PTR Holland, which took down 18,500 square feet at 820 E. Sam Houston Pkwy. S., and Cooper Valves, which inked a 21,000-square-foot lease at 818 E. Sam Houston Pkwy. S.

Travis Land and Michael Keegan with NAI Partners represented United Equities in the lease negotiataions. Newmark Knight Frank’s Taylor Scheps advised Cooper Valves.

According to United Equities’ Doug Freedman, Phase I delivered shell-complete, in the first part of 2019, and was filled by the end of the year. The second phase will consist of two buildings totaling 46,000 square feet at 826-830 E. Sam Houston Pkwy. S.

“The buildings in Phase 2 will have a little more outside yard, based on tenant demand in that market,” Freedman said.


Get CRE News in 150 words

For comments, questions or concerns, please contact Amy Sorter

Connect

Inside The Story

Read More at NAI PartnersConnect With NAI Partners' LandConnect With United Equities

About Mark El-Rayes

Mark El-Rayes is an award winning designer and photographer from Beirut, Lebanon. El-Rayes has over 15 years in the design industry, 5 years of which he served as a Mass Communication Specialist in the United States Navy at Naval Air Station North Island, Navy Public Affairs Support Element - West (NPASE). El-Rayes is a full-stack developer, seo specialist, photographer, and artist.

  • ◦Development
  • ◦Lease