Leasing activity for the park is strong, he further confirms. The four building, 260,000-sf complex is located at the northwest corner of Sam Houston Parkway-Beltway 8 and US Highway 59.

Jaggard says Beltway 8 Business Park is relatively unique in that it offers three different product types in one location. The park consists of two office-tech service buildings, with 26,400 sf each. These two buildings are designed for tenants requiring 70% to 100% office space with rear-loading drive doors. The third building is 73,500 sf and is a front-park, rear-load, dock-high facility with 18-foot clear height. About 30% of this office-warehouse facility is intended for office use. The fourth building is 133,000 sf, has 15% of its space designated for office use. It features a front park-front load warehouse, offering space from 14,000 sf.

Jaggard says this park will "fit the need for a variety of clients wanting new inventory in Houston's southwest market, which boasts an occupancy rate of over 95%." Indeed, according to research released by Cushman & Wakefield of Texas Inc., the southwest industrial market has 30,490,811 sf of inventory in comparison to the southeast's 50,283,116 sf. The northwest has a whopping 89,578,994 sf.