Welcome Group, the single-tenant real estate developer of manufacturing, lab, warehouse and distribution facilities, has acquired an office/industrial facility and five adjacent acres at 3250 South Sam Houston Parkway East in Pearland, TX.

Located on Beltway 8 South, the 11.4-acre tract is less than a mile east of Texas 288. Welcome Group’s newest acquisition is a single-tenant, 44,800 square-foot facility housing 31,400 square feet of warehouse space, 12,800 square feet of office space and 600 square feet of lab space. Built in 1999, the now-vacant, two-story building currently is being readied for a future tenant. 

The firm also acquired an adjacent five-acre property suitable for a future 80,000 square-foot industrial building. This location provides easy access to other Houston freeways including 288, I-45 and Highway 59. With this purchase, the firm has a portfolio of more than 130 industrial properties