Halberdier's 47 Acres Near Exxon

Halberdier Real Estate is gearing up a 47-acre mixed-use project at the SWC corner of Hardy Toll Road and Riley Fuzzel. It’s less than a mile from Exxon’s new campus. (Can we just come up with a new unit of measurement referring to proximity from Exxon? We think we’ll be using this one a lot for a few years.)

Here’s Halberdier development advisor Bobby Wheless, managing principal Trey Halberdier, and Chris Boone. Trey tells us Hardy North Business Park is a perfect storm location; besides its proximity to Springwoods Village/Exxon, it’s a 10-minute drive to IAH and 1,000 feet south of the new Grand Parkway. (But how far is it from the beach?) It’s targeting land sales, leases, and BTS users primarily in the industrial office sector. (Trey expects most buildings will be in the 20k SF to 30k SF range.) Hardy North Business Park also has retail pad sites along Riley Fuzzel, and Trey says it would consider putting in a couple of phases of multifamily if the market called for it.

Utilities work is underway now, and Trey (who celebrated his ninth anniversary last week and has his fourth kid on the way) says his team is already getting a significant number of calls for tracts five acres and up. He and Bobby are underwriting a couple of sites close to Exxon for office development.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Houston Newsletters
Related Stories

JVP Development Is Betting $37M Of Its Own Money That Frisco Is Ready For Spec Office

Hedge Fund Bids $88M For Spirit Airlines' Former HQ

Federal Government To Sell Nearly 31K SF In Five Points: The Denver Deal Sheet

The Wideman Co. Buys Downtown Tower From Brookfield: The Houston Deal Sheet

Avison Young Had Assets Frozen By Bank Over Unpaid Taxes

Artificial Intelligence Companies Reshaping Dublin Office Demand As OpenAI Confirms HQ

Mars Factory Overhaul Stalls As Candymaker's Chicago Expansion Accelerates

Camden Property Trust Sells West Coast Portfolio, Clears $1.5B Target

Forget Buildings, Retailers Are Leasing Environments

Philly's Big-Box Warehouse Owners Subdivide Spaces After Developing 'The Wrong-Size Buildings'

King Of Prussia Pursues Stadium To Anchor $200M Mixed-Use Complex

Empire State Building Observation Deck Hemorrhaging Visitors, Value