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Bradley Freels' Midway Leases 200,000 SF To Dow Chemical In Houston

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LEASED

Texas

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Office200,000 SF
Leased 02/23/2024
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LEASED

Bradley Freels' Midway Leases 200,000 SF To Dow Chemical In Houston

903 Town and Country Boulevard

See Similar Deals
Office200,000 SF
Leased 02/23/2024
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Summary

TEXAS
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:200,000 SF
Transaction Type:Lease

The property involved in the lease transaction is a 200,000 square feet office space located at 903 Town and Country Boulevard in Houston. The landlord, Bradley Freels of Midway, has leased this space to The Dow Chemical Company, represented by tenant Jim Fitterling. The deal was facilitated by broker Michael Anderson of Cushman & Wakefield. Dow Chemical Company plans to move from its current location at the Plaza at Enclave to CityCentre Six upon its completion in 2026.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not disclosed
  • Market: Houston

Midway, the landlord, has leased a significant 200,000 square feet of office space in CityCentre Six to The Dow Chemical Company. The Dow Chemical Company, led by Jim Fitterling, will be relocating from their current space at the Plaza at Enclave to the new premises upon its completion in 2026. This move signifies a strategic decision for Dow as they transition to a new office space facilitated by Bradley Freels of Midway and broker Michael Anderson of Cushman & Wakefield.

Players

Michael Anderson
7 deals(713) 260-0260
BROKER

Details

LEASED
IMAGE: Bradley Freels, Jim Fitterling & Michael Anderson DATE: 02/23/2024 ADDRESS: 903 Town and Country Boulevard MARKET: Houston ASSET TYPE: Office ~ SF: 200,000 LANDLORD: Bradley Freels - Midway (@We_Are_Midway) TENANT: Jim Fitterling (@Beaugolf) - The Dow Chemical Company (@Dow_Official) BROKER: Michael Anderson - Cushman & Wakefield (@CushWake) NOTE: Midway has leased 200,000 square feet in its 19-story office building development, CityCentre Six, to Dow Chemical Company. The terms of the deal were undisclosed, and Dow plans to move from its current space at the Plaza at Enclave to CityCentre Six upon its completion in 2026.

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Deal Type
Effective Rent (Annual)

$11,463,879.31

Total Lease Value

$114,638,793.11

Net Landlord Cash Flow$11,463,879.31