FIFTH TENANT SIGNS LEASE AT PARC AIR 59 IN HUMBLE TEXAS
Jackson-Shaw Development has Leased Over 220,000 Total Square Feet
HOUSTON (April 9, 2020) – Jackson-Shaw, a national real estate development company, announced today that it has leased to a fifth tenant at Parc Air 59, the 320,000-square-foot, three-building urban industrial development in Humble, Texas.
Lone Star Wire Rope, Inc., a wholesale wire rope distributor, has leased 26,010 square feet in Building 2, which is approximately 80,000 square feet. This fifth lease brings the overall park occupancy to approximately 70%.
“We want to extend a special thank you to Beau Kaleel, SIOR and Allison Bergman of Cushman-Wakefield,” said Grant Pearson, vice president of development at Jackson-Shaw. “They are managing the leasing assignment for the development during these unprecedented times and we greatly appreciate their efforts.”
Currently, the remaining 98,508 available square feet within the three state-of-the-art buildings features modern, flexible industrial space, that can accommodate office, showroom, manufacturing, distribution, assembly and a variety of other industrial uses.
Thackeray Partners is the project’s equity partner, Arch-Con Corporation is the general contractor for the project, with Powers Brown as the project’s architect, Kimley-Horn as the civil engineering firm and Comerica as construction financier.
Jackson-Shaw is a national real estate development company headquartered in North Texas that has 48 years of experience mixing practical knowledge with vigorous entrepreneurship. The company has developed more than 62 million square feet since its founding, including hospitality, industrial and residential projects. Diverse markets where Jackson-Shaw develops include Dallas, Fort Worth, Houston, Denver, Las Vegas, Scottsdale, Phoenix, Jacksonville and Washington, D.C. Visit www.JacksonShaw.com.
Randy E. Pruett, Cooksey Communications
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