The Biggest Phase Two in Houston Real Estate History

HOUSTON –­ (Realty News Report) – The second phase of Empire West Business Park, called the largest phase of industrial development in the history of Houston real estate, has been completed by Stream Realty Partners.

Phase One of Empire West, a mere 1 million SF, was completed last year. But Houston’s fiery industrial market has been showing strong leasing, insatiable absorption and booming construction.

So Stream Realty geared up for a Texas-sized Phase Two. It’s six buildings totaling 2.3 million SF, built in one humongous fell swoop.

“This once-in-a-career type development has been a total team effort and illustrates everything Stream is all about, bringing highly skilled people together with a focus on providing exceptional service to our clients/partners and identifying entrepreneurial opportunities,” said Justin Robinson, Executive Managing Director and Partner. “We look forward to completing the remaining tasks at hand and are highly confident it will be well-received by the Houston market. Phase one of Empire West was completed in April 2021 and features three buildings totaling 1 million SF. With the completion of phase two, Empire West Business Park becomes the biggest development ever for Stream.”

The development is just 30 miles west of Houston in Brookshire, Texas. The site is uniquely situated with 5,000 feet of rare Interstate 10 and Highway 90 frontage with a dedicated east/west exit.

Phase two of Empire West  consists of six buildings totaling 2.3 million SF. The national real estate services, development, and investment company is now offering immediate occupancy for users from 50,000 SF to over 1 million SF. The development is just 30 miles west of Houston in Brookshire, Texas. The site is uniquely situated with 5,000 feet of rare Interstate 10 and Highway 90 frontage with a dedicated east/west exit.

Interstate 10, parts of which are called the Katy Freeway, gives the site almost straight-shot access to high-growth markets like San Antonio and Austin to the west and Houston and its port to the east.

Stream’s Empire West is not alone on the prairie. Amazon, Costco, Domino’s, Igloo and Medline, and Rooms To Go are among the companies nearby.

“The completion of Phase two could not be at a better time,” said Matteson Hamilton, Executive Managing Director and Partner. “The Houston industrial market continues to perform at an incredibly high level, and our offering allows users of all sizes to take advantage of Empire West. Our team was intentional with the design and speculative above-and-beyond improvements in the buildings, which have been well-received by prospects in the market. Our team is very encouraged by leasing velocity thus far and look forward to great success in short order.”

Senior Vice President Jeremy Lumbreras  and Senior Associate William Carpenter   oversee leasing and marketing efforts at the development.

Empire West is developed and owned by Stream Realty Partners.

Headquartered in Dallas, Stream has a staff of more than 1,100 professionals with offices in Atlanta, Austin, the Carolinas, Chicago, Dallas, Denver, Fort Worth, Houston, Greater Los Angeles, Nashville, Northern Virginia, Phoenix, San Antonio, and Washington, D.C


Aug. 22, 2022 Realty News Report Copyright 2022

File: The Biggest Phase Two in Houston Real Estate  History

Photo: Courtesy Stream Realty Partners

THE RALPH BIVINS PROJECT PODCAST 

 LISTEN: THE RALPH BIVINS PROJECT podcast with Carlos Bujosa of Transwestern 

LISTEN: THE RALPH BIVINS PROJECT podcast with Jason Gaines of NAI Partners.

LISTEN: THE RALPH BIVINS PROJECT podcast with  Mike Spears of Lee & Associates Houston

LISTEN: THE RALPH BIVINS PROJECT podcast with Michael Scheurich of Arch-Con   

 

 

Related posts

Wood Partners Starts Apartment Project in Houston

Realty News Report

Rent By The Hour – Pay Needed for Shelter

Realty News Report

Black Friday’s New Looks and New Stores

Realty News Report

Leave a Comment