Park 225 – Phase I is a Class A, 121,392 SF multi-tenant warehouse in Houston, Texas. Park 225 (Phase I & II) represented an opportunity to acquire an off-market, 10-acre land position suitable for redevelopment in a premier location near the Houston Ship Channel and the area’s expanding petrochemical industry. Park 225 – Phase I was 100 percent leased at the time of sale in Q4 2018.
Location
Park 225 – Phase I
Houston, TX
Industrial | Realized
Asset Summary
- Acquisition Date:
- Q2 2015
- Size:
- 121,392 SQ FT
- Property Type:
- Industrial
- Deal Profile:
- Fund II, Development
- Investment Profile:
- Opportunistic
- Deal Source:
- Off Market