Rochester, NY-based Xerox will move in within 60 to 90 days in a relocation from within the northwest submarket, Brad Berry with Vantage Cos. Houston division tells GlobeSt.com. He says Xerox will use the 50-50% office/warehouse combo for research, development, training, storage and shipping operations. According to Berry, Xerox chose the park because of its appearance and location in a 365,000-sf park, with 130,000 sf in two buildings set aside for office/warehouse tenants and the balance dedicated to flex and distribution space.
The office/warehouse component is 60% leased. The asking rate is 50 cents per sf.
Berry represented the park owner, Vantage Development 24. Amy Matthews in the Chicago office of Jones Lang LaSalle represented Xerox.
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