The Methodist Hospital, known as Houston Methodist, signed a new 18,825-square-foot lease in Park 288 at 3710 Reed Road in Houston, bringing the business park to 100 percent occupancy. Transwestern Real Estate Services (TRS) and Colliers International brokered the deal.
Jude Filippone of Transwestern provided agency leasing services on behalf of the landlord. Coy Davidson of Colliers International represented the tenant.
“Park 288 continues to outperform the market given it’s infill-location, excellent visibility to Highway 288, responsive sponsorship, and excellent access to the Houston Medical Center, Central Business District, Loop 610 and Beltway 8,” said Filippone. “Given the current challenging market conditions, we are excited to have secured a strong tenant in Houston Methodist and bring this asset to 100 percent leased.”
Located at the epicenter of Houston’s south/southeast growth corridor, Park 288 is a five-building, Class A industrial park totaling 556,638 square feet. The project has a highly functional and attractive design that combines optimum tenant functionality with maximum long-term flexibility. All the buildings have glass storefront entries, abundant parking, wide truck courts, and visibility and direct access to Highway 288.