Oxford Partners Renews 41,920 SF Industrial Lease At 11710 North Gessner Road In Houston With Wartsila North America

An industrial property located at 11710 North Gessner Road in Houston has recently undergone a lease renewal. The property spans 41,920 square feet and is owned by Panattoni Development. The lease transaction was facilitated by Oxford Partners, a Houston brokerage firm, on behalf of the tenant, Wartsila North America.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: Not specified
• Address: 11710 North Gessner Road
• Market: Houston

Panattoni Development, the landlord, was represented in the lease renewal by William Carpenter and Jeremy Lumbreras from Stream Realty Partners. On the other hand, Oxford Partners acted as the tenant's representative, with Ryan Hartsell and Matt Rogers from Oxford Partners handling the negotiation on behalf of Wartsila North America. Notably, Oxford Partners successfully negotiated the lease renewal, ensuring the continuation of Wartsila North America's operations at the industrial property on N. Gessner Road.