HOUSTON – (Realty News Report) – Goodman Manufacturing Co., a subsidiary of the Daikin air conditioning firm, has leased Northwest Logistics Center, a 411,460-SF project in northwest Houston.
The warehouse facility, 6751 N. Eldridge Parkway, was recently developed by Stream Realty Partners. Seth Koschak with the Dallas office of Stream Realty Partners represented Goodman in the transaction.
The Northwest submarket is 6.1 percent vacant with leasing demand continuing to outpace new supply.
Said Matteson Hamilton, Managing Director at Stream: “Northwest Houston continues to be the most sought-after industrial submarket in town and this transaction only strengthens this. We designed the building with the upmost flexibility to accommodate multiple users, but obviously are thrilled to land a single user.”
Daikin already has over 4 million SF in northwest Houston, west of the Grand Parkway, near Highway 290.