SUGAR LAND, TX—Speculative development swoops in to fill a void in a city with a majority of its developed space is devoted to residential property and very little medical office space. Construction has begun on TierOne Development's 38,600-square-foot office/medical development at 7619 Branford Pl.
Transwestern's healthcare advisory services team of senior vice president Tim Gregory and vice president Ashley Cassel are providing leasing services for the building on behalf of TierOne Development.
“There are very few large blocks of medical space in Sugar Land, making it the ideal time for this project to come out of the ground,” said Cassel. “TierOne's distinct, modern design will attract office and medical tenants that appreciate high-quality architecture and building finishes.”
Slated for completion in the second quarter 2018, the class-A building is located just outside the Telfair residential community with unobstructed frontage on Highway 59 South just east of University Boulevard, adjacent to Costco.
“The central location between major hospitals, combined with the lack of medical restrictions, make 7619 Branford ideal for surgery centers, imaging centers and medical clinics, as well as general office users,” said Gregory. “In addition, the building offers competitive rates and above-market TI allowances as well as higher tenant improvement allowances.”
Founded as a sugar plantation in the mid-1800s and incorporated in 1959, Sugar Land encompasses 2,265 acres. The developed land-use mix is 70.66% residential and 29.34% commercial/industrial, GlobeSt.com learns.
Numerous high-profile regional and international corporations have chosen Sugar Land as a corporate home, including Minute Maid, Schlumberger, Tramontina USA, Fluor Corporation, Bechtel Equipment Operations, Noble Drilling, Money Management International and Aetna. Sugar Land's aggressive economic development program has created a business-friendly environment that includes a variety of incentives, including a corporate aviation facility.
The city's population grew by 15,489 people from 63,328 in 2000 to 78,817 in 2010, a 24.5% increase according to 2010 Census reports. Through a series of annexations, the population increased again by nearly 10,000 to 87,504 as of January 2016. Sugar Land will reach an anticipated size this year of approximately 87,733, GlobeSt.com learns. The demographic age range speaks more to overall medical wellness needs rather than elder care.
“The average age in the area is about 37 to 38 so it's more general population,” Cassel tells GlobeSt.com.
Sugar Land's master-planned communities and neighborhoods enhance home values. The community offers schools, libraries, civic organizations and other resources for city residents and employees.
SUGAR LAND, TX—Speculative development swoops in to fill a void in a city with a majority of its developed space is devoted to residential property and very little medical office space. Construction has begun on TierOne Development's 38,600-square-foot office/medical development at 7619 Branford Pl.
Transwestern's healthcare advisory services team of senior vice president Tim Gregory and vice president Ashley Cassel are providing leasing services for the building on behalf of TierOne Development.
“There are very few large blocks of medical space in Sugar Land, making it the ideal time for this project to come out of the ground,” said Cassel. “TierOne's distinct, modern design will attract office and medical tenants that appreciate high-quality architecture and building finishes.”
Slated for completion in the second quarter 2018, the class-A building is located just outside the Telfair residential community with unobstructed frontage on Highway 59 South just east of University Boulevard, adjacent to Costco.
“The central location between major hospitals, combined with the lack of medical restrictions, make 7619 Branford ideal for surgery centers, imaging centers and medical clinics, as well as general office users,” said Gregory. “In addition, the building offers competitive rates and above-market TI allowances as well as higher tenant improvement allowances.”
Founded as a sugar plantation in the mid-1800s and incorporated in 1959, Sugar Land encompasses 2,265 acres. The developed land-use mix is 70.66% residential and 29.34% commercial/industrial, GlobeSt.com learns.
Numerous high-profile regional and international corporations have chosen Sugar Land as a corporate home, including Minute Maid, Schlumberger, Tramontina USA,
The city's population grew by 15,489 people from 63,328 in 2000 to 78,817 in 2010, a 24.5% increase according to 2010 Census reports. Through a series of annexations, the population increased again by nearly 10,000 to 87,504 as of January 2016. Sugar Land will reach an anticipated size this year of approximately 87,733, GlobeSt.com learns. The demographic age range speaks more to overall medical wellness needs rather than elder care.
“The average age in the area is about 37 to 38 so it's more general population,” Cassel tells GlobeSt.com.
Sugar Land's master-planned communities and neighborhoods enhance home values. The community offers schools, libraries, civic organizations and other resources for city residents and employees.
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