Principal Real Estate Investors launches expansion of SE Houston industrial park
Principal Real Estate Investors | February 21, 2019
Principal Real Estate Investors will expand its Bay Area Business Park with a third phase that will add 1.33 million square feet to the southeast Houston industrial submarket, Stream Realty Partners announced. Stream, a real estate development and management company, got approval to expand the park following Principal's acquisition of 95 acres adjacent to the park, which was developed on 137 acres at Red Bluff Road and Bay Area Boulevard beginning in 2009. Stream developed the park, which will total at least 3.35 million square feet with the expansion.