X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

STAFFORD, TX-Gurwitch Products LLC, a cosmetics firm, is planning a summer move into 40,000 sf of office/warehouse space in a suburb southwest of Houston as a consolidation site for locations in Dallas and Houston.

Gurwitch signed a medium-term lease for 13259 N. Promenade Rd. in Stafford. The location will be staffed with 75 office and distribution workers.

Gurwitch is 51% owned by the Neiman Marcus Group Inc. It produces, manages and markets Laura Mercier Cosmetics and Skincare, a global brand of high-end cosmetics. “The Fort Bend County area offers an economic climate that greatly benefits a growing and dynamic company such as ours,” Bob Hurtte, Gurwitch’s senior vice president of operations, said in a press release about a move to “combine our two offices into one, synergistic operation in Stafford.” The eight-year-old, Laura Mercier product line is sold in 400 stores in 17 countries. Annual sales rose more than 25% for four consecutive years.

The firm is taking down space in the two-building, 251,200-sf Freeport Southwest Business Center, owned by the San Francisco-based Rreef. Robert Gulley in the Houston office for Dallas-based Henry S. Miller Commercial represented the tenant. Brian Gammill with Houston-headquartered Transwestern Commercial Services brokered terms for Rreef. Lease rates in the area run between 30 cents per sf and 40 cents per sf.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 3 free articles* across the ALM subscription network every 30 days
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.