X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

MAGNOLIA, TX-In an attempt to meet growing demand and to expand manufacturing capabilities, Complete Drilling Solutions LLC has leased 97,000 square feet in an industrial facility in Magnolia, TS, approximately 50 miles north of downtown Houston. CDS struck the deal with Florida landlord Silverstein Enterprises in signing the long-term deal, and has already moved into the facility.

CDS, a drilling rig and equipment design and manufacturing company, selected the 9.4-acre site at 5434 Farm-to-Market 1488 because there are many commercial real estate developments underway for energy related companies. One of the major developments is a 385-acre corporate campus being built in the nearby Woodlands for Exxon Mobil.

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?

GlobeSt. NET LEASE Fall 2021Event

This conference brings together the industry's most influential & knowledgeable real estate executives from the net lease sector.

Get More Information
 

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