Welcome Wilson, Jr., President & CEO of GSL Welcome Group, LLC., is pleased to announce the ground breaking of the new Seaco 8 Business Park located on West 8th Street in Deer Park, Texas. A 21,678 square foot building will be available for lease in the third quarter of 2014. Service Radio Rentals, the premier company specializing in tow-way communication for the industrial industry, has purchased 2.19 acres for the development of a 20,000 square foot building. An additional 6.5 acres is available for build-to-suit.
News and Events
GSL Welcome Group, LLC has committed to acquiring an additional $80 million in single-tenant, Texas industrial properties in 2014. The Houston-based single-tenant industrial owner and development firm announced today that it has been allocated additional equity commitments for its GSL Property Fund 21.
Welcome Wilson, Jr., President & CEO of GSL Welcome Group, LLC, would like to announce the signing of a new 5 year lease with Primoris Energy Services Corporation in Deer Park Texas. The 24,788 Square Foot facility is established on 2.5 acres of land located at 1109 W. 13th Street in Deer Park, Texas.
Dubbing Houston a "paragon city," Welcome Wilson Jr. of Welcome Group touted the strength of the city's recovery from the recession and its benefit to the industrial real estate market. "Houston has added two jobs for each one it lost during the recession," said Wilson. "We are the leading machine in the country with an industrial market of 521 million sq. ft. and more than five million sq. ft. under construction.
Spectracell Laboratories, a nutritional testing company, extended its lease for a 20,000-square foot-facility on 2 acres at 10401 Town Park Drive.
GSL Welcome Group affiliate Kingham Dalton Wilson will design and build a property for WIKA Process Solutions in the Park 225 Business Park on Beltway Green Boulevard in Pasadena. The 87,900-square-foot, two-story building will serve as a hub for the companyâ??s engineered temperature and level measurement instrumentation for the U.S. market.