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20.38-Acres For Sale At 7171 Grand Blvd.


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http://www.bizjournals.com/houston/blog/2015/03/exclusivenew-office-development-to-rise-on-23.html

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A 23-acre plot of land near the Texas Medical Center will be transformed into new office space.

Houston-based Medistar Corp. owns the land at the intersection of Grand Boulevard and Corder Street, just west of State Highway 288. Previously, city records indicated the land would be used for single-family lots, but those plans have since changed, said Monzer Hourani, CEO of Medistar Corp.

The goal is to build office space that can be used as back-office operations for Texas Medical Center hospitals, Hourani told the Houston Business Journal.

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  • 5 years later...

There is a lot of land for sale near Medistar's apartment project on Admore & Alice.

 

The billboard's have been there for a few years. They list Ned Torian with Torian Commercial Properties. Probably apart of Medistar's development?

 

Believe the vacant industrial building is owned by Schlumberger on Grand Blvd?

 

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  • 5 months later...
  • The title was changed to Land For Sale - Grand Blvd. At Corder/Alice St.
  • The title was changed to 20.33-Acres For Sale At 7171 Grand Blvd.
  • 4 weeks later...
  • 1 month later...
  • The title was changed to Office Development At Grand Blvd. And Corder St.
  • 8 months later...

CBRE For Sale sign spotted today.  20-acres is a significant amount of land.  You could definitely do a larger mixed-use development here. 

When this sells, it will most likely be industrial related for a hospital to use. Such as a warehouse complex or a distribution center.  MD Anderson and the others have industrial properties near by.

Industrial neighborhoods. I could talk about the subject for hours :ph34r:

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  • The title was changed to 20.38-Acres For Sale At 7171 Grand Blvd.

The 20-acres is now listed as Under Contract on Loopnet!

The possibilities here.  Most likely, it will be an industrial business park. One could hope for a mixed-use district with multifamily, office, hotel, and retail.  Another possibility is a TMC institution will buy it and use it for industrial purposes. MD Anderson also could buy it to enlarge their East Campus portfolio.

https://www.loopnet.com/Listing/7171-Grand-Blvd-Houston-TX/31093258/

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