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Park 225

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.

Location

Park 225 – Phase II

Houston, TX

Industrial | Realized

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