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Our teams at Welcome Group, LLC and Brask, Inc. are making progress! Concrete pours are a crucial phase of the construction process, providing support to building structures, sealing in pipes, wires, and other essential equipment, among other functions.
We are pleased to announce that Frost Bank is financing the development of our 4.8-acre site adjacent to 3250 South Sam Houston Parkway East, acquired in 2021. KDW will be the contractor for the 87,962-square-foot rear-load industrial building. Of this, 25,059 SF are preleased with a 10-year tenant. The remaining 62,903 square feet of spec space will include 2,194 square feet of office space and 60,709 square feet of warehouse space. This space can be divided into three 20,000-square-foot suites and will feature 14 dock-high doors with the option for five more, plus two grade-level ramps. Modifications to the doors, ramps, office SF can be made per the future tenant’s request. Special thanks to our lender, Nicole Barrios Herrera at Frost Bank. Stay tuned for construction updates. #Construction #Development #CommercialRealEstate #Leasing #Industrial #WelcomeGroup
The Welcome Group is pleased to announce that the first phase of Welcome Venture Park in Durham, NC is nearing completion. By the end of Q3 2024, we will deliver four buildings totaling 394,800 square feet, with approximately 40% already preleased. Plans for Phase II are underway. Once complete, the park will offer 1.3 million square feet across 10 buildings, attracting industrial, flex, and life science tenants. For leasing opportunities, contact Ted Kakambouras or our project leasing team at Colliers (Larry L. Lakins II, SIOR, Hunter Willard, SIOR, Andrew Young, Shields Bennett). https://lnkd.in/gKTw9c4v #Construction #Development #CommercialRealEstate #Leasing #Industrial #WelcomeGroup #Durham #NorthCarolina
We are thrilled to announce that our esteemed President & CEO, Welcome Wilson, Jr., has been reappointed by Governor Greg Abbott to serve another term on the Texas Higher Education Coordinating Board. This reappointment is a testament to Mr. Wilson’s unwavering dedication and impactful contributions to higher education in Texas. Under his leadership, we have seen significant advancements and innovations that continue to shape the future of education in our state. Please join us in congratulating Mr. Wilson on this well-deserved honor. We are confident that his continued service will bring even more positive changes and opportunities for students across Texas. #Leadership #HigherEducation #Texas #EducationExcellence
The Welcome Group has continued our expansion into the Atlanta MSA with the recent acquisition of International Commerce Center in Adairsville, Georgia. International Commerce Center is a state-of-the-art logistics facility situated in the I-75 North Corridor totaling 691,667 square feet. Delivered in 2023, the building features market-leading specifications including modern tilt-wall construction, 40' clear heights, ample parking, three points of ingress/egress and benefits from exceptional transportation access (<1 mile from I-75). The facility is 100%-leased to a national third-party logistics company. The Welcome Group would like to extend our thanks to the seller's brokers team at Eastdil Secured and to JLL & Eagle Realty Group who arranged financing. Nick Murphy, John Beeler, Scott R. Beck, MAI
