Lee & Associates- Houston Representing Private Partner in the Sale and Development of 270+ Acres Near Generation Park
JUNE 23, 2017 (HOUSTON) – Lee & Associates- Houston, a nationwide leader in commercial real estate services, is representing a private partner in its development of a 270+ acre master planned business park near Generation Park at Highway 59 and Beltway 8.
Phase One of the park includes the development of 26 acres, and the design-build and/or build-to-suit of 20-50,000 square feet metal buildings, ideal for investors and manufacturing facilities wanting to be near major thoroughfares and close to Generation Park. The first spec building at the site is 21,000 square feet and will be ready for occupancy in September 2017.
“We anticipate that a lot of OEMs and energy-related service companies will be looking for the type of business park we’re developing in Northeast Houston,” said Robert LaCoure, principal at Lee & Associates – Houston. “We are offering five to 10-acre lots, which opens the opportunity for lay-down yards and additional storage that you would not typically find in a business park.”
The Northeast Houston region has experienced explosive growth since the recent half-billion completion of the Northeast section of Beltway 8 and Highway 59, allowing for direct access to the surrounding areas and the Port of Houston. Many big-name retailers such as HEB, SuperTarget and Costco are opening locations to accommodate the growing population moving to the area. Generation Park, which is considered the largest new commercial development in the nation, the area’s excellent quality of life, affluent demographic growth and transportation accessibility, make the new business park an ideal location for all types.
For more information, please contact Robert LaCoure, rlacoure@lee-associates.com, Mike Spears, mspears@lee-associates.com, and/or Justin Tunnell, jtunnell@lee-associates.com.
About Lee & Associates – Houston
Lee & Associates-Houston is a fully-integrated commercial real estate company that creatively responds to a client’s real estate needs. Lee’s unrivaled capabilities and unwavering dedication to integrity appeal to smart building owners and company managers who recognize the value of partnering with a business-minded broker. Through hard work and a fierce commitment to their client’s best interests, Lee & Associates promises to deliver optimum returns on a company’s real estate investments. As part of a nationwide team of brokers with more than 60 office locations in cities across the U.S. and Canada, Lee & Associates’ brokers are uniquely qualified to support their clients’ real estate needs in the local, national and international markets. For more information visit, http://www.lee-associates.com/houston/.