Stream Realty Partners Secures 90,961-SF Full-Building Prelease at Summit Grove Business Park in North Houston

SPRING, Texas — Stream Realty Partners has secured a full-building prelease at Summit Grove Business Park, a two-building, 215,891-square-foot industrial development located at 21737 and 21811 Holzwarth Road in Spring, Texas, the firm announced Aug. 12. The transaction brings Building Two, totaling 90,961 square feet, to full occupancy ahead of the project's scheduled completion later this month.

The tenant, a manufacturer of precision-machined parts, seals, and equipment for the oil and gas industry, will occupy the entirety of Building Two. Garrett Thomas and David Munson of Cushman & Wakefield represented the tenant in the transaction.

Deal Team and Representation

Stream Realty Partners represented ownership on the leasing side. Managing Director Tyler Maner, along with Vice Presidents Abraham Richardson and Grant Wisenbaker, led the ownership representation. The broader Industrial Development Services team for the project includes Executive Managing Director & Partner Justin Robinson, Senior Director Tyler Wellborn, Associate Director Kristina Gibson, Director Craig McKenna, and Development Analyst Camryn Wisenbaker. Investment Management services were led by Executive Managing Director Mustafa Ali and Associate Tricia Larsen.

"We are excited to welcome a high-quality tenant to Summit Grove Business Park and appreciate the work of Garrett and David alongside our leasing team in completing this transaction," said Craig McKenna, Director at Stream. "This lease validates our belief that well-located, high-quality industrial developments continue to resonate with users seeking modern facilities in North Houston. We look forward to completing the project and bringing another best-in-class industrial option to the market."

EE Reed served as the general contractor for the development, with Ware Malcomb as the project architect and Halff as the civil engineer.

Property and Location Details

Summit Grove Business Park is positioned in North Houston with immediate access to the Grand Parkway and connectivity to Interstate 45, providing access to The Woodlands, Spring, Conroe, Tomball, George Bush Intercontinental Airport, and Houston's major distribution corridors. The development was built by Stream's Industrial Development Services team.

Building Two, now fully preleased, totals 90,961 square feet. Building One, the remaining available structure, totals 124,930 square feet and features a rear-load configuration, 32-foot clear height, 47 dock-high doors, and two drive-in ramps. Its design is intended to accommodate a range of logistics, distribution, and manufacturing users.

Market Context

The prelease of Building Two before the project's delivery reflects continued demand from industrial occupiers for newer, well-located product in North Houston. The tenant's connection to the oil and gas supply chain aligns with the broader Houston industrial ecosystem, where energy-adjacent manufacturing users have continued to support demand for modern industrial space near major transportation corridors.

The transaction also illustrates a pattern common in industrial leasing: prelease conversions often occur as buildings near completion and tenants finalize occupancy schedules. Building Two's full prelease ahead of delivery de-risks that portion of the project, while Building One's 124,930 square feet remains on the market. The tenant name, lease term, and rental rate were not disclosed in the announcement.

About Stream Realty Partners

Stream Realty Partners is a national commercial real estate firm offering an integrated platform of services. Stream's Investment Management team actively manages five funds with more than $3.9 billion in assets under management and oversees approximately 32 million square feet of industrial, office, and mixed-use projects. For more information on Summit Grove Business Park, Stream Houston can be reached at 713.300.0300.

Sources: Stream Realty Partners