Global One Settles into 25,000-SF High-Tech Office

HOUSTON-Today, Global One is opening doors to a new telecommunications location, a 25,000-sf spot in the 216,000-sf Houston Telecom Exchange.

The class-A property is located at 7100 Business Park Dr., just north of West Little York at Texas 290 and Beltway 8. Houston Telecom Exchange is an undertaking by New York City-based Insignia/ESG; Koontz McCombs LLC, a San Antonio-based development firm; and Blackacre Capital Management LLC, a New York-based real estate investment management firm.

Peyton Collins of Insignia/ESG tells GlobeSt.com that the partnership had been eager to build a telecom hotel outside of the saturated downtown market. The team had been particularly interested in designing a hotel from the ground up instead of the more popular trend of converting older properties into telecom hotels. Collins says the Houston Telecom Exchange base had been a new institutional grade, tilt-wall warehouse in close proximity to the railroad tracks where the major fiber lines are located.