Thank you for sharing!

Your article was successfully shared with the contacts you provided.

HOUSTON-Furniture Brands Inc. has taken down 97,150 square feet at the Point North One. With the new tenant’s medium-term lease, the 158,940-square-foot distribution facility is 100% occupied.

The home furnishing distributor is leasing the space at 8210 Humble-Westfield Rd. to consolidate several temporary warehouse spaces. The company will move in during early 2010. Cory Driskill, senior leasing representative with Duke Realty Corp.’s Houston office handled the transaction for the REIT, while Furniture Brands used in-house representation.

Point North One was completed by Duke Realty’s Houston office in May 2008. The building was the first phase of Point North Cargo Park, a 52-acre distribution center in the north submarket. David Hudson, senior vice president of leasing and development with Duke Realty’s Houston office says the building was a few months behind scheduled lease-up, though the pro-forma is still on target. Point North One’s first tenant, freight management company Geodis Wilson, signed a lease last March for approximately 62,000 square feet.

Hudson says no more speculative space is planned right now for development at Point North Cargo Park, though the remaining 42 acres is being marketed for sale. “If we had a definite commitment from a tenant, we’d think about building something, but construction is off the table there for the foreseeable future,” he adds.

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
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


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 © 2021 ALM Media Properties, LLC. All Rights Reserved.