May 5, 2020 Comments Off on Archway Properties Lands Fourth Retailer at Park Air 59 Views: 529 Houston-Galveston, Texas News

Archway Properties Lands Fourth Retailer at Park Air 59

Order Reprints...

Archway Properties will break ground in mid-May on a build-to-suit retail building for Northern Tool + Equipment in Park Air 59, a 111-acre mixed-use development at the eastern edge of Bush Intercontinental Airport in the northeast Houston suburb of Humble.

Northern Tool’s 22,016-square-foot store will be built on a 1.7-acre, freeway-fronting pad site adjacent to the recently opened Floor & Décor. It will be the Minnesota-based hardware chain’s eighth location in Greater Houston, and represents the fourth retailer to commit to Park Air 59.

“As an essential business, Northern Tool is performing exceptionally well in the market, which proves the resiliency of the category,” says Austin Alvis, VP of NewQuest Properties in Houston. He and Preston Cunningham of Cunningham Ventures represented Archway Properties in the build-to-suit lease negotiations.

Jason Baker and Traci Holman of Baker Katz represented the tenant in the long-term lease negotiations.

Connect With NewQuest’s Alvis

Connect With Cunningham Ventures’ Cuningham

Connect With Baker Katz’s Baker and Holman


Get CRE News in 150 words

For comments, questions or concerns, please contact Paul Bubny

Tags: , ,

Comments are closed.

Send this to a friend