Jackson-Shaw has leased to a sixth tenant at Parc Air 59, the developer’s 320,000-square-foot, three-building urban industrial development in Humble. The new lease and an expansion by an existing tenant bring the project to approximately 91% occupancy.
Kratos Building Products, a tool and building materials company, has leased 28,080 square feet in Building 2. Additionally, a current tenant, a top independent producer of petroleum-based specialty products which occupies 120,000 square feet in Building 1, has expanded its footprint to occupy the entire 160,000-square-foot building.
“Parc Air 59 is the ideal fit for Kratos Building Products’ needs,” said Beau Kaleel, Houston-based executive director at Cushman & Wakefield, who is leasing the project with colleague Alison Bergmann. “The company is planning to expand into the Houston market and the location of this development provides direct access to the airport and Houston including Kingwood and The Woodlands.”
Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism.
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