Stream Realty Partners has been chosen to lease a new distribution warehouse that broke ground Monday in South Houston.
Stream, a national commercial real estate firm offering an integrated platform of services, has been awarded the leasing assignment for Vault Distribution Center, a new stand-alone Class A industrial building developed and owned by Vault Partners. The development is at 13606 Furman Road in the highly sought-after South submarket. Upon completion, the rear-load building will offer 185,250 square feet and be divisible up to 40,000 square feet. Shell delivery is anticipated in the fourth quarter of 2023.
Stream Houston Managing Director Tyler Maner and Senior Associate Woody Hillyer will serve as the leasing agents for the industrial development.
“There is an unprecedented amount of industrial leasing momentum throughout Houston,” said Josh Tillis, Managing Director at Vault Partners. “We are excited to break ground and deliver a great product for our tenants.”
The development will feature a rear-load configuration with 32-foot clear heights, 34 dock-high doors, two drive-in ramps, and parking spaces for 137 vehicles and 23 trailers.
“We are honored Vault Partners selected Stream as its leasing team for their first distribution building,” said Maner. “We know they will deliver a top-of-the-line product perfectly suited for the South submarket, and we look forward to providing exceptional service at Vault Distribution Center.”
Stream Houston currently leases more than 35 million square feet of industrial space in the Metro area. The office has more than 120 employees.
For leasing information at Vault Distribution Center, contact Stream Houston at 713.300.0300.