HOUSTON--Stream Realty Partners, the full-service real estate investment, development and services company, is keeping busy in Houston.

The firm recently negotiated a new lease at The Offices at Grandway West, and it is working with Triten Real Estate Partners on the construction of the final building at Intrepid Business Park.

LJA Engineering, a full-service consulting engineering firm, will occupy 12,223 square feet at Grandway West, which is the first of five buildings designed to be constructed in the project.

Intrepid Park, located in Houston's northwest industrial submarket, the class A industrial park has frontage on Brittmoore Road and access to Houston's population centers and major thoroughfares such as Beltway 8, Interstate 10 and Highway 290.

“The first three buildings in the project, totaling nearly 200,000 square feet, were very well received by the market,” says Scott Arnoldy of Triten Real Estate Partners. "Our latest state-of-the art building will be built on the last remaining land parcel and will round out Intrepid Business Park. We are very excited to deliver it at a time of continued robust industrial fundamentals and look forward to the continued success of the park.”

Stream has been retained to lease the project, with Justin Robinson and Jeremy Lumbreras leading the efforts.

“Intrepid has already been an overwhelming success and we are looking forward to continuing that momentum," says Lumbreras, senior associate. "We were fortunate to add a high-caliber, Fortune 500 ranked company to the tenant roster in the project's last building and we are confident the new delivery will appeal to the same type of tenants.”

The final building will be a speculative 86,250-square-foot front-load, tilt-wall distribution building with modern amenities such as a 30-foot clear height, ESFR sprinkler system, spacious truck court, and over one acre of possible outside storage. The building can accommodate multiple tenants and is currently under construction with an estimated completion date of first quarter 2015.  

For the Grandway West transaction, Anthony Squillante and Jeremy Hunt with Stream provided tenant representation services on behalf of LJA Engineering. The landlord, 1904 Grand Parkway North LP (a joint venture between Insite Realty Partners LP and The Urban Cos.) was represented Paul Wittorf of Transwestern.

“Offices at Grandway West provides our client's employees the opportunity to work in a first-class office building in far west Houston, which is in close proximity to their clients and personal residences,” says Squillante, managing director.

Stream reps did not answer a request for additional comment by press time.