Stream Realty Partners will develop, lease, and manage a new 156,000-square-foot industrial building in Northwest Houston.
The national real estate services, development and investment company is expected to break ground in the second quarter of 2022 on Raceway NW Distribution Center, a speculative distribution building at 9707 Fairbanks N. Houston Road.
The property, in the highly sought-after Northwest industrial submarket, offers immediate access to the Sam Houston Tollway, State Highway 249 and U.S. Highway 290 and provides strategic access to some of Houston’s most densely populated residential areas.
Raceway NW Distribution Center will offer a front-load configuration with a 36-foot clear height, and 109 vehicle and 22 trailer parking spaces. With direct frontage on Fairbanks North Houston and Derrington roads, the building will deliver spec office space, LED warehouse lights, a white-boxed interior warehouse, and a fully fenced and secured truck court.
Kyle Fletcher, a Director in Stream’s Houston office, will assist in the development management of the ground-up industrial project. Robinson, Senior Director Tyler Wellborn, and Director Craig McKenna will provide oversight on the development.
Lumbreras and Boone Smith, Vice President for the Houston industrial division, will oversee leasing.
