{"id":1004598244,"date":"2022-08-18T02:21:41","date_gmt":"2022-08-18T10:21:41","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004598244"},"modified":"2022-12-08T18:22:56","modified_gmt":"2022-12-09T02:22:56","slug":"stream-realty-wraps-up-2-3-msf-houston-project","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/stream-realty-wraps-up-2-3-msf-houston-project\/","title":{"rendered":"Stream Realty Wraps Up 2.3 MSF Houston Project"},"content":{"rendered":"
\"Picture

100 Empire Boulevard. Image courtesy of Stream Realty Partners.<\/p><\/div>\n

Stream Realty Partners<\/strong> has completed the second phase of Empire West Business Park, a six-building, 2.3 million-square-foot industrial development in the Houston area.<\/p>\n

The construction of the complex is Stream Realty\u2019s second Houston-area undertaking<\/a> this year, following a joint venture with Principal Real Estate Investors for the planned construction of Portside Logistics Center, a 1 million-square foot industrial park in Baytown, Texas.<\/p>\n

Empire West Business Park is located at 100 Empire Blvd. in Brookshire, Texas, with the first phase completed last year. The park now includes eight buildings ranging between 124,700 and 1 million square feet, according to CommercialEdge. The new buildings will feature occupancies ranging from 50,000 to 1 million square feet of rentable space. A total of 95,000 square feet is currently under lease, with the remainder undergoing negotiations. The developer is planning a third phase of the development, consisting of two more distribution centers totaling 800,000 square feet. The entire facility is located within 1 mile of Interstate 10 and Highway 90, 30 miles west of Houston.<\/p>\n

Stream Realty Partners Senior Vice President Jeremy Lumberas and Senior Associate William Carpenter manage the leasing and marketing of the space.<\/p>\n

An adapting industrial market<\/h2>\n

The construction of Empire West Business Park comes as the nation\u2019s industrial sector faces both progress and setbacks.<\/a> Recording rising rents, little available land and the unprecedented growth of e-commerce, the industrial sector is adapting, including the construction of facilities in more residential and commercial districts, according to CommercialEdge data. Texas remains the top market<\/a> in the southwest for industrial construction, with Houston having 19 million square feet underway as of June, according to the same source.<\/p>\n

In this context, Stream Realty Executive Managing Director Matteson Hamilton explained to Commercial Property Executive <\/em>that “Empire West was designed to accommodate a wide variety of users ranging from local distributors to the most sophisticated e-commerce companies in the country. … Empire West\u2019s location provides unmatched access to not only Houston but also Austin, San Antonio and South Texas, which puts over 15 million people within reach of a five-hour drive time.”<\/p>\n","protected":false},"excerpt":{"rendered":"

The development is the second delivery in a three-phase industrial park.<\/p>\n","protected":false},"author":3012,"featured_media":1004598243,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21782,21808,1589,21748,21742],"tags":[33358],"class_list":["post-1004598244","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-development","category-featured","category-houston","category-industrial","category-latest","tag-stream-realty-partners"],"acf":[],"yoast_head":"\nStream Realty Builds Houston Business Park - CPE<\/title>\n<meta name=\"description\" content=\"The project, part of Stream Realty Partners' Empire West Business Park, completes amidst a nationwide industrial property shortage.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/stream-realty-wraps-up-2-3-msf-houston-project\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Stream Realty Wraps Up 2.3 MSF Houston Project\" \/>\n<meta property=\"og:description\" content=\"The project, part of Stream Realty Partners' Empire West Business Park, completes amidst a nationwide industrial property shortage.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/stream-realty-wraps-up-2-3-msf-houston-project\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2022-08-18T10:21:41+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-09T02:22:56+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/08\/Empire-West-Business-Park-2208087107.jpg-scaled-1-e1660761304632.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"801\" \/>\n\t<meta property=\"og:image:height\" content=\"621\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Gabriel Frank\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/stream-realty-wraps-up-2-3-msf-houston-project\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/stream-realty-wraps-up-2-3-msf-houston-project\/\",\"name\":\"Stream Realty Builds Houston Business Park - CPE\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/stream-realty-wraps-up-2-3-msf-houston-project\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/stream-realty-wraps-up-2-3-msf-houston-project\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/08\/Empire-West-Business-Park-2208087107.jpg-scaled-1-e1660761304632.jpg\",\"datePublished\":\"2022-08-18T10:21:41+00:00\",\"dateModified\":\"2022-12-09T02:22:56+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/cf1bfd2d6753f6ea305911ffd020862c\"},\"description\":\"The project, part of Stream Realty Partners' Empire West Business Park, completes amidst a nationwide industrial property shortage.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/stream-realty-wraps-up-2-3-msf-houston-project\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/stream-realty-wraps-up-2-3-msf-houston-project\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/stream-realty-wraps-up-2-3-msf-houston-project\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/08\/Empire-West-Business-Park-2208087107.jpg-scaled-1-e1660761304632.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/08\/Empire-West-Business-Park-2208087107.jpg-scaled-1-e1660761304632.jpg\",\"width\":801,\"height\":621,\"caption\":\"The second phase of the Empire West Business Park, located at 100 Empire Boulevard. 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