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Stream’s Industrial Group Picks Up 1.1 Million S.F. Leasing Assignment

LaSalle Investment Management, an independent subsidiary of JLL, has selected Stream Realty Partners to lease and manage its Pioneer 360 Business Center portfolio. The holdings consist of three buildings that total more than 1.1 million square feet of space.

The properties are located at 2241 S. Watson Road as well as 2900 and 3000 E. Pioneer Parkway in Arlington, within the Great Southwest submarket. Stream’s Cannon Green and Luke Davis will lease and market the portfolio for LaSalle.

The Great Southwest has consistently been a top-performing submarket, Green said, and Pioneer 360’s location, at the intersection of Pioneer Parkway and State Highway 360, is highly desirable. “It will drive demand, as well as strong rent growth, because this submarket will only deliver a fraction of industrial product this cycle compared to prior cycles,” he said.

Stream’s Tara Elmasri, senior property manager, will oversee property management of the portfolio. The company’s property management group oversees more than 35 million square feet of space in the region, and 120 million square feet nationally.

Source: D Real Estate Daily

Cannon Green Luke Davis Tara Elmasri

Cannon Green     Luke Davis        Tara Elmasri

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