The companies collaborated on a 35-acre section of the West Ten Business Park in Katy. Tradepoint 290 represents the second partnership between Parkside Capital and Vigavi.
#BRETT WALKER TAX GENERATOR#
“Tradepoint 290 is a landmark project for the city of Prairie View and Waller County," said Vigavi Founder and Managing Principal Luis Villarreal. "We intend to deliver an institutional project that will support our regional logistical requirements and be a major economic generator for the city for years to come.” A qualified Certified Practising Accountant, he is a Registered Tax Agent and holds a. Barkley Peschel of Colliers will handle marketing for the project. Brett has over 25 years of accounting and public practice experience. It will have an estimated $150 million tax value upon completion. The project, which is expected to be annexed by the city of Prairie View, could have sites available for development in 12 to 18 months, Ferrante said. RELATED: Houston industrial leases surge as abundant space attracts out-of-state tenants The partners could develop the buildings or sell parcels to industrial developers. Parkside and Vigavi have begun site planning for the property, which could accommodate four buildings, including two with 1 million square feet each based on preliminary plans, according to Lauren Ferrante, director of operations at Parkside Capital. Vacancy fell to 6.4 percent, down from 6.6 percent in the third quarter of 2021. Industrial construction in the Houston area rose to an all-time high of 22.5 million square feet in the third quarter, according to commercial real estate firm JLL. Tradepoint 290 will help meet the growing demand for this type of space that continues to surpass the existing local supply.” PATRICK FURGERSON, (703)795-9459, 400, BRETT, ANDREWS, PRESIDENT, 14550 LEE RD. “Despite current uncertainties, we have seen a continued desire for well-located, established industrial buildings or land to develop facilities. “The e-commerce component of retail is having a major impact on the industrial market,” Brett Walker, president at Parkside Capital, said in an announcement. including more than 300 acres for a business park on the southern portion near U.S. The site is just west of Beacon Hill, a 587-acre mixed-use development by Houston-based Wolff Cos. 290 and extends northward to Owens Road, is about 45 miles northwest of downtown Houston. The property, which has 1,800 feet of frontage along U.S.
0 kommentar(er)
