JLL today announced the firm completed a 47,500-square-foot industrial lease with ProEnergy Services, LLC at 8303 McHard Road in Houston, Texas.

JLL’s Mark Nicholas, Richard Quarles and Joe Berwick negotiated the terms on behalf of the landlord, Schroeder Partnership Ltd. Drew Coupe and Josh Morrow of Stream Realty represented the tenant.

ProEnergy Services, based in Sedalia, Missouri, is a third-party solutions provider to the energy industry. The company operates in more than 40 countries including the U.S., Canada, Brazil, Angola and Pakistan.

“Between two of Houston’s most energy-centric submarkets, this location offers users easy access to companies in every sector of the oil and gas industry,” said Nicholas. “This property offered the crane capacity ProEnergy Services was looking for and additional acreage for room to expand in the future.”

Situated on approximately 8.5 acres, the property has expansion potential of approximately 100,000 square feet.

Built in 2006, the building’s features include 42-foot ceiling heights, ESFR sprinkler systems, ample covered parking and Class A office space. The building is also equipped with two 30-ton, one 20-ton and seven 3-ton cranes.

According to JLL research, the southwest industrial submarket has emerged as an alternative to the high-demand northwest and southeast submarkets that border it. With access to Beltway 8 and U.S. Highway 288, the southwest has seen a steady stream of activity from both flex and rear-load users over the last several quarters. As a result, the submarket recorded 322,382 square feet of positive net absorption in the first half of 2017.

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