The 1233 N. Post Oak Rd. location will house the US sales team for the Australian company's line of ATVs, scooters and motor bikes. The group was six months into a lease for 2,700 sf at 3432 Yale St. when it decided to expand, Ace Schlameus with the Houston office of Grubb & Ellis Co., tells GlobeSt.com. He says Denver-based ProLogis agreed to rip up the smaller lease and replace it with a medium-term contract for a corner of a 57,600-sf building that now has just 3,500 sf left to fill. The building's quoted rate is 38 cents per sf. ProLogis had in-house broker, Jeremy Giles, do its bargaining.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
