With leasing by Stream Realty Partners, final building at Intrepid Business Park will total 86,250 square feet
Triten Real Estate Partners, a subsidiary of Triten Corporation, and Stream Realty Partners, are proud to announce the construction of the final building at Intrepid Business Park. Located in the heart of Houston’s northwest industrial submarket, Intrepid is a highly visible, Class A industrial park with frontage on Brittmoore Road and superior access to Houston’s population centers and major thoroughfares such as Beltway 8, Interstate 10 and Highway 290.
“The first three buildings in the project, totaling nearly 200,000 SF, were very well received by the market,” said Scott Arnoldy of Triten Real Estate Partners. Our latest state-of-the art building will be built on the last remaining land parcel and will round out Intrepid Business Park. We are very excited to deliver it at a time of continued robust industrial fundamentals and look forward to the continued success of the park.”
Stream Realty Partners has been retained to lease the project, with Justin Robinson and Jeremy Lumbreras leading the efforts,” said Jeremy Lumbreras, Senior Associate with Stream Realty Partners. “Intrepid has already been an overwhelming success and we are looking forward to continuing that momentum. We were fortunate to add a high-caliber, Fortune 500 ranked company to the tenant roster in the project’s last building and we are confident the new delivery will appeal to the same type of tenants.”
The final building will be a speculative 86,250 square foot front-load, tilt-wall distribution building with modern amenities such as a 30-foot clear height, ESFR sprinkler system, spacious truck court and over one acre of possible outside storage. The building can accommodate multiple tenants and is currently under construction with an estimated completion date of first quarter 2015.
According to Stream Realty Partners, the northwest Houston industrial submarket finished second quarter 2014 at 3.7% vacant overall.