Minute Maid, a division of Coca-Cola Co., closed its Sugar Land headquarters in 2021. Picture courtesy of CommercialEdge
Lionstone Investments has signed a 41,114-square-foot lease at The Minute Maid Constructing, a 185,000-square-foot workplace property in Sugar Land, Texas. SouthWest Water Co. will occupy the area for 15 years. Deliberate Group Builders is dealing with workplace leasing on the 32-acre mixed-use Sugar Land City Sq. growth that the constructing is a part of.
To facilitate the deal, Sugar Land Growth Corp. supplied the tenant a $1 million incentive, to be paid over two fiscal years. After relocation, the wastewater firm will add some 20 jobs.
The eight-story property consists of 174,244 sq. toes of workplace area and 10,756 sq. toes of first-floor retail. Courting again to 2009, the asset was transformed in 2019 and options 25,000-square-foot floorplates, 4 passenger elevators and roughly 660 parking areas. Different tenants embody Lotus Midstream, GR Power Providers and Electronica Laboratories, CommercialEdge exhibits.
Positioned at 2150 City Sq. Place, the workplace constructing is near quite a few eating and retail alternatives, together with Sugar Land City Sq. shopping center, First Colony Mall and City Heart Buying Heart. Downtown Houston is a few 21 miles northeast, whereas William P. Interest Airport is 28 miles away.
Latest notable transactions in Sugar Land embody InLight Capital’s buy of 77 Sugar Creek, a 143,410-square-foot workplace property. Accomplished in 1998, the Class A property is 2.7 miles from The Minute Maid Constructing.
