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With 99 Percent Market Occupancy, Developer Goes Spec on Woodlands Office Construction

by Realty News ReportFebruary 19, 2013
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Houston – The Woodlands-based D’Agostino Cos. will start construction of Vision Park Plaza, a speculative 75,000-sf office development, located at 128 Vision Park Boulevard in The Woodlands. The three-story Class A, tilt wall and glass office building is a development of D’Agostino Companies and is designed by Browne McGregor Architects. Metzger Construction will build it. While originally planned as a pre-leased development, Vision Park Plaza will break ground in the second quarter 2013 as a fully spec office building. The building will be ready for Tenant occupancy early first quarter 2014. According to CBRE,at the end of the fourth quarter, the total vacancy rate for The Woodlands office market was 4 percent; with the Class A market becoming 99% leased.

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  • Home
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