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Fresh-inked tenants to 75-acre Houston industrial parkFresh-inked tenants to 75-acre Houston industrial parkhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=122682016-02-25T06:00:00Z2016-02-25T20:20:00Z

​HOUSTON - Hines has announced 424,000 sf of preleased space at its new 75-acre industrial park—at the northeast corner of Beltway 8 and Fort Bend Toll Road—in a fast-growing submarket of southwest Houston.

Known as the Beltway Southwest Business Park, the park will accommodate 950,000 sf of light manufacturing and distribution space once completed, and 734,000 sf of space currently is under construction, of which 60 percent is now preleased.

Phase I will deliver in June 2016 and will be comprised of two buildings—an 110,000-sf, rear-load building and a 240,000-sf, cross-dock building.

Dräger, a German medical and safety technology company, has preleased 40,000 sf of space in the rear-load building.

Hines also signed two build-to-suit leases in the park totaling 384,000 sf.

Stafford-based Maintenance Supply Headquarters, which is a national distributor of maintenance supply products in the multifamily industry, will occupy 209,000 sf of cross-dock building space.

Construction is slated to be completed in fourth quarter 2016.

While several large industrial projects have been announced for the area, Hines’ would be one of the largest if it reaches its 950,000-sf capacity.
Houston Business Journal
Houston-The Woodlands-Sugar Land
Industrial
http://www.bizjournals.com/houston/morning_call/2016/02/hines-giant-industrial-park-inks-first-tenants.html

​Want more info? See Dräger leases 38K SF of Houston's Hines Industrial Park​​.

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