Stream Realty Partners Secures Second Major Lease at Patriot Business Park in North Houston Within 90 Days of Delivery

HOUSTON — Stream Realty Partners has announced that Lindenmeyr Munroe, a distributor of printing and packaging papers, wide format media, and facility solutions, has signed a lease for 100,043 square feet in Building 3 at Patriot Business Park, a newly developed industrial campus located at 10326–10330 Veterans Memorial Drive in North Houston. The deal marks the second major lease at the property since its delivery, with both signings occurring within 90 days.

The transaction was announced June 17, 2026. Stream Realty Partners handled leasing on behalf of ownership — a joint venture between Investment & Development Ventures, LLC (IDV) and Standard Real Estate Investors (SREI). Michael Foreman and Sean Duffy of Cushman & Wakefield represented Lindenmeyr Munroe.

Second Major Tenant in Under 90 Days

Patriot Business Park was delivered by IDV in the first quarter of 2026 and totals 462,591 square feet across three buildings. The Lindenmeyr Munroe signing follows an earlier lease with Smurfit Westrock, described as a Fortune 200 global paper-based packaging company, making it the second significant lease executed at the park since delivery.

"Securing our second lease at Patriot Business Park within the first three months of delivery speaks volumes about the quality of this development and the strength of the North Houston industrial market," said Jeremy Lumbreras, Managing Director at Stream Realty Partners. "Lindenmeyr Munroe is a premier operator in their sector, and we're proud to welcome them to the park alongside Smurfit Westrock."

Cole Mueller, Director at IDV, added: "The pace of leasing activity at Patriot Business Park reflects exactly what we set out to achieve with this development — a well-located, institutional-quality park that attracts best-in-class tenants. Signing a second high-quality tenant of Lindenmeyr Munroe's caliber within three months of delivery validates the vision IDV and SREI had for this project."

Property Specifications and Location

Building 3, where Lindenmeyr Munroe will occupy its 100,043-square-foot space, offers a total of 150,615 square feet and features 36 dock-high doors and two drive-in ramps. Building 1 totals 92,758 square feet with 22 dock-high doors and two drive-in ramps, while Building 2 spans 219,218 square feet and includes 58 dock-high doors and four drive-in ramps. All three buildings feature front-load configurations, 32-foot clear heights, and ample parking.

The campus is situated in the North Houston submarket with direct access to Veterans Memorial Drive and proximity to Beltway 8 and Interstate 45.

Leasing Team and Tenant Representation

Stream Realty Partners Managing Directors Tyler Maner and Jeremy Lumbreras, along with Senior Associate Natalie Gilbert, are handling leasing efforts at Patriot Business Park on behalf of the ownership joint venture. Cushman & Wakefield's Jim Foreman and Sean Duffy represented Lindenmeyr Munroe in the lease negotiation.

Lindenmeyr Munroe said it will use the space to support its growth and operations in the Houston market.

About the Developers

IDV, headquartered in Houston, was formed in 2013 with a focus on developing industrial projects in Texas and other U.S. growth markets. According to the firm, it has developed more than 13 million square feet of projects representing over $1.6 billion in total capitalization, and maintains a current pipeline of 15.3 million square feet with control of more than 1,400 acres of land sites for future development.

Standard Real Estate Investments is a diversified middle market investment manager with offices in Los Angeles, California and Washington, D.C. The firm focuses on industrial development and multifamily acquisition across the United States.

Stream Realty Partners is a national commercial real estate firm headquartered in Dallas with operations across the country. According to the firm, it has grown to more than 1,550 professionals and completes annual transactions valued at more than $11.5 billion across office, industrial, retail, healthcare, land, and data center properties.

Sources

Stream Realty Partners — IDV's Patriot Business Park Lands Second Major Tenant in Less Than 90 Days (June 17, 2026)