HOUSTON-Sunbelt Rentals Inc., a Charlotte, NC-based industrial equipment rental firm, has just signed a long-term lease for a 9,900-sf industrial building at 700 Oates Rd. to test a retail concept in East Houston.

Doyle Toups and Ace Schlameus, both with the local office of Grubb & Ellis Co., represented the building owner, Accrued Investments, a local private investor. Schlameus tells GlobeSt.com that the lease has kicked in although the space build-out won’t be ready to occupy until early May.

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