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HOUSTON-A local developer is adding 116,700 sf of office, flex, retail and showroom space to Beltway 8 Business Center. The 10-acre expansion, set to deliver in first quarter 2006, will cost $7.5 million to raise.

“We’re optimistic this will go very well because its one of the best most visible sites along the beltway,” Stephen H. Jaggard, with developer Vantage Cos. in Houston, tells GlobeSt.com. He says the project complements two similar, recently completed projects on 25 nearby acres that leased up quickly following delivery. The latest four-building addition to the Beltway 8 Business Center should be fully leased within a year after construction is completed, he predicts.

Located immediately east of Southwest Crossing with frontage on Beltway 8/Sam Houston Tollway, the center’s third phase will include a landscaped esplanade and 14-foot, clear height bays with glass fronts and a drive-up door in the rear. Designed and engineered by Architects Plus, Inc. of Houston, it is being built by K-W Construction Co., also from Houston.

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GlobeSt. NET LEASE Awards 2020Event

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These awards honor the industry's most influential and knowledgeable real estate executives from the net lease sector.

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