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Park 225

Park 225 – Phase II is a Class A, 36,954 SF single-tenant manufacturing / warehouse building, similar to Summit’s successful Tres Industrial and Northwest 4 projects in Houston, TX. Completed Q4 2018, the building is part of a 2-building, 10-acre redevelopment site located in Pasadena, TX near the Houston Ship Channel. Park 225 – Phase II was opportunistically 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