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The development is expected to be delivered and fully operational by June 2018.TOMBALL, TX—Grand Parkway continues to make a grand impact. A nearby project consisting of four 10,500-square-foot office/warehouse buildings is currently under development by Boatman Construction. 27905 Commercial Park Rd. is located near the intersection of Grand Parkway (99) and Highway 249, and the office warehouses also provide access to Sam Houston Tollway and Highway 290.
The development is expected to be delivered and fully operational by June 2018, with 6,440 square feet being pre-leased. Proximity Commercial Advisors was selected by Dancing Falls Development LLC as the exclusive leasing agent of the project. Tenant demand is already becoming a reality, says Robin Moore, director, Proximity Commercial Advisors.
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Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.
The price is a “meaningful discount to replacement cost.”
COLLEGE STATION, TX—Los Angles=based Kennedy Wilson, a global real estate investment company, has closed a senior construction loan for the development…
A continued housing shortage is driving multifamily.
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