Molto Properties Signs Tenant for New Business Park

DEER PARK, Texas – (Realty News Report) – S.I. Warehousing leased 252,000 SF in Monument Business Park, a new industrial property developed by Molto Properties in Deer Park, east of Houston.

Molto’s Monument Business Park project broke ground in fourth quarter of 2019 and recently delivered a 414,900 SF cross-dock and a 194,610 SF front load building at the end of October 2020.

An additional adjacent 12 acres of land is available for construction of a third building, according to the company website presented by Molto Properties, an Illinois-based firm that develops industrial buildings across the nation.

The Monument Business Park is located near Independence Parkway and Highway 225, south of the San Jacinto Monument. The San Jacinto Battleground is a 1,200-acre state historical park commemorating the decisive Battle of San Jacinto in 1836. The Texian troops, led by Gen. Sam Houston, defeated the Mexican army, leading to Texas’ independence from Mexico and the establishment of Texas as sovereign nation.

“Monument Business Park’s premiere location and accessibility to the Port will continue to attract a wide variety of users. Now that we’ve delivered the first phase of the project, we look forward to leasing the remaining 357,307 square feet in the coming months,” said Chad Parrish, Vice President of Molto Properties.   The Monument Business Park buildings offer 32-foot to  36-foot clear heights.

Molto Properties Signs Tenant: Boyd Commercial/Cushman & Wakefield

David Munson of Boyd Commercial represented Molto Properties, while Kelley Parker, Coe Parker and John Littman with Cushman & Wakefield represented S.I. Warehousing Co. in the transaction.

Last year, Molto Properties broke ground on a 136,551-SF spec distribution center in northwest Houston. Called 290 Northwest Business Center, that Molto project is located at 21420 Northwest Freeway.

S.I. Warehousing, a subsidiary of Slay Industries, provides customer focused distribution, packaging, transportation and warehousing services in the Houston area.

Dec. 20, 2020 Realty News Report Copyright 2020

Molto Properties Signs Tenant

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