The joint venture launched construction earlier this year on theindustrial park at 9311-9501 Bay Area Blvd., touted as the firstpre-certified LEED warehouses near the Port of Houston. The firstphase has two warehouses, each 480,480 sf, and one 219,000-sfdesign. Completion is set for fall.

The leasing team is quoting $4.50 per sf to $5 per sf. All ratesare triple net and tenant improvements are negotiable. Stream'sco-managing partner Kyle Valentine, vice president Justin Robinsonand senior associate Christopher Money are marketing the projectwhile senior vice president Brice Hill is overseeing itsdevelopment.

Robinson tells that the original concept was aspeculative project. However, it was decided to market the secondphase's land for build-to-suit opportunities. "If by the time welease the first phase up, we haven't gotten build-to-suit interest,we'll do the second phase as spec," Robinson says.

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