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Industrial Duo Pens Medium-Term Leases

HOUSTON-A startup import company and a Los Angeles-based courier service will be setting up shop in 5,265 sf and 3,976 sf, respectively, in Vantage Cos.' buildings in the southwest and northwest submarkets.

By Jennifer Brenner Andrade | Updated on September 30, 2003

HOUSTON-A startup import company and a courier service have signed medium-term, industrial leases for Vantage Cos.’ buildings in the southwest and northwest submarkets of Houston.

Growth World In., a new import operation, took 5,265 sf in the two-building Beltway Service Center at 5803 Sovereign St. in the southwest sector. Vantage’s Walter Menuet brokered the deal on behalf of the building owner, Vantage Houston Inc., agent for the Hawaii-based Halawa View Apartments partnership.

Menuet, the deal’s lone broker, tells GlobeSt.com that Growth World will move into the space Oct. 1. The company will import countertops and sink products from China. The new deal takes the 117,646-sf project to 93% occupancy, Menuet says. The development’s quoted rates range from 50 cents per sf to 55 cents per sf per month.

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