Meghani Capital Acquires 4.15 Acres For MCAP Magnolia Flex In Pearland, Texas

The asset involved in this transaction is a land parcel located at 4200 Magnolia Parkway in Pearland. The property spans 4.15 acres, equivalent to 180,752 square feet. This site is strategically situated with frontage on Magnolia Parkway, which experiences a daily traffic of approximately 12,600 vehicles, in proximity to the signalized intersection with Veterans Drive. Additionally, it is located just west of State Highway 35, a significant commercial corridor carrying about 34,000 vehicles per day.

Meghani Capital, represented by Aliakbar Meghani, Arman Meghani, and Javed Meghani, is embarking on the development of MCAP Magnolia Flex, a 46,193-square-foot Class A flex industrial project. The surrounding area is characterized by established and growing residential neighborhoods, which currently offer minimal modern small-bay space suitable for owner-operators, trades, and service businesses. Notably, Magnolia Flex will be Meghani Capital's second ground-up flex development in the Pearland area, following the ongoing construction of the 59,952-square-foot MCAP Pearland Flex on Old Chocolate Bayou Road, scheduled for delivery in Q1 2027.