August 2, 2019
Healthcare company Kelsey-Seybold has begun work on a 37,000-square-foot, two-story clinic in Grand Morton Town Center. The multispecialty group practice is targeting the Katy, TX clinic’s opening for April 2020. In addition, the ground lease, signed with NewQuest Properties, provides Kelsey-Seybold with enough land for an additional 17,000-square-foot expansion.
The 3.8-acre site is part of the 91-acre, mixed-use Grand Morton Town Center, which is situated along SH 99. Upon buildout, the development will hold more than 600,400 square feet of retail, restaurants and medical office space. Kelsey-Seybold is the largest medical services tenant, to date, in the development.
Ashley Strickland with NewQuest negotiated directly with the healthcare tenant on the ground lease. “Kelsey-Seybold will open a multi-disciplinary medical facility with a great deal of advanced medical and specialty services. That’s why we saw this as a natural fit within our project,” she said.
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