SEVEN PROJECTS UNDER WAY AT INTERWOOD

HOUSTON — Seven projects are currently under way at Interwood, Wolf Companies’ 440-acre master-planned business park located at the entry to Houston’s George Bush Intercontinental Airport, at the intersection of Beltway 8 and John F. Kennedy Boulevard. Three of the projects will be completed this summer. The first is Denver-based The Urban Group’s 62,000-square-foot, Class A office building, located at 15109 Heathrow Forest Pkwy. In addition, Austin-based Live Oak-Gottesman is wrapping up a 35,000-square-foot office building, located at the intersection of Interwood South and Heathrow Forest parkways, for the U.S. Customs & Border Control Protection Services. Finally, BRG Cornerstone Development will soon complete the first building for Weller Truck Parts. Construction of a second building for the company will begin this fall. Upon full completion, Weller will occupy approximately 42,000 square feet on its 4-acre site. The other four transactions have just started or will soon commence. First, Dallas-based Western International has broken ground for a 131-room Fairfield Inn & Suites hotel, which is scheduled for a fall completion. The company recently completed a 134-room TownePlace Suites hotel, also within Interwood. Boston-based Cabot Properties has purchased 23 acres of land, located at JFK Boulevard and Interwood South Parkway, for the development of a multi-building flex project. Phase I, which consist of two buildings totaling 208,600-square-foot, will begin this summer. An affiliate of Austin, Texas-based Capital Commercial Investments has purchased a 12.5-acre site for the construction of a 70,000-square-foot, build-to-suit technology center for Halliburton, to be completed next fall. Finally, Schulz USA has begun construction for the first phase of the company’s new North American headquarters and distribution center, consisting of a 56,880-square-foot building. Interwood currently has two land parcels remaining for purchase.