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TexasCRE

Midway announces sale of land within Houston’s East River development

May 1, 2024
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Midway’s East River today announced the sale of a prime tract within the transformational mixed-use development in Houston to Anton Paar USA.

The global leader in precision instruments has acquired a site at the southwest corner of Clinton Drive and Meadow Street, where it plans to establish its new South Region headquarters.

Anton Paar USA, a subsidiary of the Austria-based Anton Paar Group, is renowned for its development, production, and distribution of highly precise laboratory instruments and process measuring systems, as well as providing custom-tailored automation and robotic solutions. Currently located in an industrial building on World Houston Parkway, the company plans to construct a new three-story, 30,000 square-foot facility at East River. This modern building will include 12,500 square feet of office space, 12,599 square feet dedicated to technology, lab, training, and conference facilities, and 5,000 square feet for distribution and shipping.

The new Anton Paar headquarters will be situated just east of The Studios at East River, where The Office of James Burnett Landscape Architects (OJB) acquired one of the 10,000 square foot Studio buildings for their Houston offices. This proximity to leading design firms and other innovative companies at East River fosters a collaborative environment that is central to the vision of the development.

In addition to Anton Paar’s new facility, Midway is also developing the new headquarters for Port Houston at East River. This 95,000 square-foot office building, along with a dedicated parking garage and skybridge, underscores East River’s role as a catalyst for economic growth and community development in Houston’s east side.

Anton Paar was represented by Chad Bolding with Colliers International Houston, Inc., while David Hightower, CCIM, Executive Vice President with Midway, represented the seller.

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