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HUMBLE, TX—Parc Air 59, a 320,000-square-foot three-building urban industrial development, has recently broken ground. The development is slated for completion in the fourth quarter of 2018.
It is the first industrial component within Archway Properties' 111-acre Park Air 59. This mixed-use business park also includes retail, medical office and other uses.
A partnership comprised of developer Jackson-Shaw and investor Thackeray Partners are teaming up on the project. Beyond the large scope of the deal, another first is that Jackson-Shaw hasn't developed an industrial project in Greater Houston, GlobeSt.com learns.
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Lisa Brown
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.
