Park 225 – Phase II is a Class A, 36,954 SF single-tenant manufacturing / warehouse building 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 II was sold in Q3 2020 to an owner-user engaged in servicing the shipping and oil and gas industry throughout Texas.
Park 225 – Phase II
Development | Industrial | Realized
Houston, TX
Asset Summary |
|
|---|---|
| Acquisition Date | Q2 2015 |
| Size | 36,954 SQ FT |
| Property Type | Industrial |
| Deal Profile | Fund II, Development |
| Investment Profile | Opportunistic |
| Deal Source | Off Market |
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