Hines Director Charlie Meyer commented, “Beltway Southwest is our most recent addition to the Hines business park initiative in Houston and it has received an excellent response from the market. Homelegance was represented in the transaction by Walker Barnett and Casey Ricksen of Colliers International. The front-load building will feature 30’ clear height with expansion capability and is scheduled for completion in the fourth quarter of 2016. Homelegance, Inc., an international wholesale furniture maker and distributor, has also signed a build-to-suit lease for the construction of a 175,000-square-foot facility to support their local distribution operations. Maintenance Supply was represented by Bill Littleton, Bill Byrd, Mike Taetz, and Ryan Byrd of Colliers international in the transaction. Completion is scheduled for the third quarter of 2016. The 209,000-square-foot cross-dock building is currently under construction and will feature Class A building characteristics including 32’ clear height, fully secured 130’ truck courts, and numerous distinctive architectural features and amenities within their 25,000-square-foot corporate office space. Maintenance Supply Headquarters, an industry-leading national distributor of maintenance supply products serving the multifamily industry, has agreed to a long-term lease for their corporate headquarters and local distribution center within the park. The firm was represented in the transaction by Andre Granello of Cresa Houston.Īdditionally, Hines has recently signed two build-to-suit leases in the park totaling 384,000 square feet. The first phase of Beltway Southwest will deliver in June 2016, and is comprised of two buildings, an 110,000-square-foot rear-load building and a 240,000-square-foot cross-dock building, and can accommodate tenants ranging in size from 18,000 square feet to 240,000 square feet.ĭräger, an international leader in the fields of medical and safety technology, has pre-leased 40,000 square feet of space within the rear-load building to house local operations for their safety division. With 734,000 square feet currently under construction, the park is 60 percent pre-leased. Beltway Southwest can accommodate more than 950,000 square feet of logistics space. (HOUSTON) – Hines, the international real estate firm, announced today that Beltway Southwest Business Park, a master-planned, 75-acre business park in southwest Houston, has installed its first tiltwall panels and signed 424,000 square feet of pre-leases since the park was first announced less than nine months ago.
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