CAIC Holding Company has leased 6,200 SF at One Northgate located at 26666 Hardy Toll Road where Ross Foldetta with Foldetta Commercial represents the Landlord. One Northgate is a 60,000 SF Class A Office Building strategically located in close proximity to I-45 and the Grand Parkway with quick access to The Woodlands, IAT Airport and Downtown Houston.
Crossover Health has leased 5,300 SF at One Northgate located at 26666 Hardy Toll Road where Ross Foldetta with Foldetta Commercial represents the Landlord. One Northgate is a 60,000 SF Class A Office Building strategically located in close proximity to I-45 and the Grand Parkway with quick access to The Woodlands, IAT Airport and Downtown Houston.
Excalibur Brewing has leased 2,500 SF at 26510-A Border St and is currently the only brewpub that will produce beer on site in Old Town Spring. The owners, Jeff Colwell and Jeremy Hahn, bring a combined 10+ years of craft beer brewing experience and are passionate about producing great flavor and diverse beer styles. Excalibur’s plans include a tap room, open viewing of the production line and an outdoor beer garden offering local craft beer seekers and families a quiet, fun place to relax. They are projected to open late summer/early fall. Foldetta Commercials’ Jeff Swearingen represented the Tenant.
FINS swim school represented by Foldetta Commercial in The Woodlands will be opening its second Spring location at 4057 Riley Fuzzel Road, Spring.
FINS will occupy a 9,700-square-foot, freestanding addition to Birnham Woods Marketplace. Construction on the annex started in May, and construction is expected to be completed in October. An opening date has not yet been announced.
FINS Birnham Woods Marketplace will feature two pools—one for beginners and the other for more advanced swimmers—and will offer private, semiprivate and group programming ranging from water introduction for children starting at 6 months to training for competitive swimmers of all ages, including initiatives specific to USA Swimming and triathletes.
Seasonal programs, including summer league prep and special summer programs, will also be available. 832-562-3218. www.swimatfins.com
Foldetta Commercial leased 5,300 SF to Crossover Health Management Services in the One Northgate Office Building at 28420 Hardy Toll Road in Spring Texas. Ross Foldetta represented the Landlord.
2-06-19 – Foldetta Commercial leased 1,200 SF to Edward Jones & Co. for a local office at 600 S. Conroe Medical Dr. in Conroe Texas. Dan Vertrees represented the Landlord.
Foldetta Commercial leased 6K to West Company Acquisitions for its Landpoint Land Surveying Company office at 525 Sawdust Road in The Woodlands Texas. Ross Foldetta represented the Landlord.
By Terrie Smith
The Woodlands office, one of Houston’s best performing submarkets in terms of demand finished 2018 with a positive absorption and a total vacancy rate of 10.6%, leading all Houston area submarkets in terms of demand over the past year. In Q1 2019, The Woodlands boasted a vacancy rate of 9.1%, one of the lowest out of the five largest submarkets in the Houston metro by total inventory.
Currently under construction is approximately 280,000 sf of office space, a large percentage comprised of CityPlace 1 and 2 in Springwoods Village, expected to be deliver by mid-2019. An additional 568,000 sf Hewlett Packard Enterprise campus is scheduled to begin construction in late 2019 in Springwoods Village.
Long term, The Woodlands office is poised to remain one of the strongest submarkets in the Houston metro.
ABOUT FOLDETTA COMMERCIAL
Foldetta Commercial provides comprehensive leasing services for office buildings, industrial sites, medical facilities, retail shopping centers, flex-office/warehouse and mixed-use developments. We also offer asset management to protect long-term investment value.
We are here for buyers, sellers, landlords and tenants to assist in acquisitions, dispositions, site selection and more. We serve both large and small needs, single transactions and entire portfolios. From start-ups to successful enterprises we focus on growth and sustainability for each client and terms and investigate multiple levels of possibilities for our clients which enables us to provide critical perspective for the evaluation of facility and construction issues.
ABOUT TERRIE SMITH
Terrie, a native Houstonian, has been involved in commercial real estate for 30+ years. She has gained extensive knowledge, disciplines, challenges and opportunities through acquisition, disposition, management and leasing of investment properties including retail, office and industrial/flex. Terrie has additional knowledge with bank owned (ORE) properties, land sales, Tenant Representation and site selection. For more information about Terrie or to contact her, please Click Here.