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28968441
28968442

17200 Park Row Blvd, Houston, TX 77084

RL
TX 9009768
Cushman & Wakefield Houston
Listed by Cushman & Wakefield Houston
$15,500,000
168 days on market
Updated 37 days ago

Fugro HQ

Details
Property Type Industrial
Sub Type R&D
Square Footage 83,604
Net Rentable (SqFt) 83,604
Occupancy 100%
Tenancy Single
Brand/Tenant Fugro
Lease Type Absolute NNN
Lease Term 15
Rent Bumps Yes
Price per SqFt $185
Class B
Year Built 1979
Year Renovated 2025
Buildings 1
Stories 2
Acreage 5.940
Parking Spaces 4.55 per 1,000 sq ft
Investment Type Sale/Leaseback
Occupancy Date 04/01/2026
Ceiling Height 25
Loading Docks 2
Dock High Doors 1
Sale Condition For sale by owner

Industrial | 83,604 SqFt

Marketing description

Fugro (USA) Holdings, LLC has initiated improvements at its newly acquired operational site in Houston, TX. The building, currently in shell condition, is being transformed into a modern, high-performance facility designed to support Fugro’s core operations. With design and pricing finalized, construction activities are underway to deliver a state-of-the-art environment that enhances functionality and efficiency.

  • Fugro (USA) Holdings, LLC seeking at $15,500,000 sales price and willing to negotiate a 15-year net rental rate with escalations with the buyer

  • Functional Expansion: Enhanced office, laboratory, and production spaces support operational growth and flexibility

  • Code Compliance: The renovation brings the facility up to current building, fire, and environmental codes

  • Modernized Infrastructure: New HVAC systems, roofing, and structural upgrades improve building performance and reliability

  • Energy Efficiency: Installation of R-25 insulation, TPO/PVC roofing, high-efficiency rooftop units (RTUs), and LED lighting upgrades reduces energy

  • Extended Property Lifespan: Major capital improvements significantly extend the useful life of the facility

Investment highlights

  • Fugro (USA) Holdings, LLC seeking at $15,500,000 sales price and willing to negotiate a 15-year net rental rate with escalations with the buyer

  • Functional Expansion: Enhanced office, laboratory, and production spaces support operational growth and flexibility

  • Code Compliance: The renovation brings the facility up to current building, fire, and environmental codes

  • Modernized Infrastructure: New HVAC systems, roofing, and structural upgrades improve building performance and reliability

  • Energy Efficiency: Installation of R-25 insulation, TPO/PVC roofing, high-efficiency rooftop units (RTUs), and LED lighting upgrades reduces energy

  • Extended Property Lifespan: Major capital improvements significantly extend the useful life of the facility

Listing Contacts

RL
TX 9009768
Cushman & Wakefield Houston
Listed by Cushman & Wakefield Houston

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Additional Information

Name
Robert LaCoure
License
9009768
Brokerage
Cushman & Wakefield
Brokerage Phone
8327228476
Title
Senior Director
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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