281.367.2220 info@jbeardcompany.com Mon – Fri: 8:30 AM – 5:30 PM Facebook-f Twitter Linkedin Home User Share on facebook Share on twitter Share on linkedin Woodforest Professional Plaza at Fish Creek hosted a groundbreaking ceremony today for phase one of a 3-building development for professional office and medical space. The Woodlands, Texas (February 20, 2020) Woodforest is breaking ground on a new professional office and medical building development, Woodforest Professional Plaza at Fish Creek. The 100,000 square foot development will offer professional office and medical space on 7.94 acres located at the northwest corner of Central Pine Street and Fish Creek Thoroughfare in Montgomery, Texas. Phase one of the three-building development, Woodforest Medical Plaza I, will be comprised of a two-story, 50,481-square-foot building on 4+ acres that is anticipated for completion by the fall of 2020. The anchor tenant will be Sterling Ridge Orthopaedics and Sports Medicine. Building two, Woodforest Plaza II, will comprise of 10,000 square feet of build-to-suit space, and building three will comprise of 42,000 square feet professional office and medical space. Ryan Hutson and Zach Armstrong of The J. Beard Real Estate Company assisted the developer, CMK Properties, LLC, in acquiring the 7.94-acre tract of land. The […]
Office
State of The Class A Office Market in The Woodlands
281.367.2220 info@jbeardcompany.com Mon – Fri: 8:30 AM – 5:30 PM Facebook-f Twitter Linkedin Home User Share on facebook Share on twitter Share on linkedin The Howard Hughes Corporation recently made news in The Woodlands’ office submarket with their acquisition of the two former Anadarko Towers, known as the Allison and Hackett Towers, which total approximately 1.36 million square feet. As part of the transaction, Occidental Petroleum intends to occupy the entirety of the 808,000 square feet in the Allison Tower under a 13-year leaseback which makes the building a non-owner singletenant occupied building. However; the larger impact to the submarket fundamentals will be the 550,000 square feet in the Hackett Tower which will be made available for direct lease. As a result of this event, the total available class A space in The Woodlands has increased to nearly 1.9 million square feet which is an increase of 45% when compared to the previous quarter. While the impact on supply is important to understand, the greater question will be related to the demand in the market and the velocity in which occupancy returns to its most recent level. The previous 24-month net absorption prior to the introduction of this new space […]
Havenwood Office Park
281.367.2220 info@jbeardcompany.com Mon – Fri: 8:30 AM – 5:30 PM Facebook-f Twitter Linkedin Home User Share on facebook Share on twitter Share on linkedin The J. Beard Real Estate Company brokered the acquisition of the 9.31-acre tract for the seller, Owen Properties, to the buyer, Synergy SAR, LLC, in 2015. Improved with a two-building, office warehouse project originally constructed in 1979, The J. Beard Real Estate Company continued to manage operations of the property while working to assist the buyer and the developer, Everson Developments, LLC, to with concept, design and development of Havenwood Office Park. The complex was designed by Powers Brown Architecture & constructed by EE Reed Construction, L.P. The J. Beard Real Estate Company is also handling the marketing, property management, and leasing of the building. Situated between Woodlands Parkway & Sawdust Road, Havenwood Office Park features a LEED Silver Certified four-story building offering approximately 250,000 square feet of Class “A” office space. The development features a significant level of amenities including an adjacent parking garage, covered walkways, high-quality finishes throughout, a fitness room, a large conference room, and an outdoor plaza with seating area. The ExxonMobil camps, The Woodlands Waterway, The Woodlands Town Center and Springwoods […]
121 Vision Park
281.367.2220 info@jbeardcompany.com Mon – Fri: 8:30 AM – 5:30 PM Facebook-f Twitter Linkedin Home User Share on facebook Share on twitter Share on linkedin Construction is completed for new medical office building at 121 Vision Park Construction is now complete on the new 121 Vision Park Medical Office Building at 121 Vision Park Boulevard in Shenandoah, Texas. The 58,000 square-foot, three-story Class A medical office building was designed by Ziegler Cooper Architects and constructed by Structura Inc. The building location offers convenient access to Interstate 45 and surrounding medical office buildings and four local hospitals which include Memorial Hermann – The Woodlands Hospital, Houston Methodist – The Woodlands Hospital, CHI St, Luke’s Health – The Woodlands Hospital and Texas Children’s Hospitals – The Woodlands. It is also in close proximity to HealthSouth Rehabilitation, Nexus Specialty Hospital and the new MD Anderson Cancer Center in The Woodlands. The J. Beard Real Estate Company assisted Everson Developments in acquiring the 3.5-acre tract on Vision Park Boulevard. The J. Bread Real Estate Company is also handling the marketing, property management and leasing of the building. Occupying the first floor of the building will be Gill Plastic Surgery and Dermatology, who was represented by […]
