PEARLAND – Stream Realty Partners LP is developing Pearland Parkway II, a 108,343-sf addition to its Center at Pearland Parkway.
The 165,922-sf retail power center was completed in 2014 and is 95 percent leased to national and regional tenants. Among them are TJ Maxx, Ross Dress for Less, Petco, Palais Royal, and Massage Envy.
It is at the intersection of Pearland Pkwy. and FM 518.
HFF worked on behalf of Stream to place a construction loan with Amegy Bank. HFF also arranged mezzanine financing with a major life insurance company.
Our twice-weekly e-newsletter provides a quick overview of Texas real estate markets. Because your time is valuable.