Stancliff Technology & Laboratory Center
Technology & Laboratory Center | 9% CAP | 51,246 SqFt
Marketing description
ALS Group USA, Corp is a subsidiary of ALS Limited, one of the world's largest analytical and testing services companies, with partnerships across major sectors including mining, natural resources, environmental, food, pharmaceutical, industrial and inspection services. With corporate headquarters in Brisbane, Australia, and Global Operations in Houston, Texas, the company is an ASX100 company with a multi-billion-dollar market capitalization. With more than 450 sites in 70 countries across the globe, ALS Limited has built a global reputation by embracing the most advanced technologies and innovative methodologies to deliver high quality testing services. As of May 5th, 2026, the company reported a total revenue of $3.19 billion (AUD) for the fiscal year, an 13% increase year-over-year.
Investment highlights
- Strong Tenant Profile - ALS Limited traces its origins back to 1863 and has evolved into one of the world's leading testing, inspection, and certification companies. Publicly traded on the Australian Securities Exchange since 1952, ALS operates more than 450 locations globally with over 22,000 employees. With more than 150 years of operating history, the company has established a strong international reputation and long-term corporate stability.
- Prime Location - the property is positioned with quick access to Interstate 69 and Sam Houston Tollway- two major Houston MSA thoroughfares. Highly desirable location reduces re-leasing risk
- Energy Capital - Houston remains the global hub of the energy sector, driving sustained demand for specialized users such as environmental labs
- Laboratory Space Need – Vacancy rate of 2% for laboratory space in Houston MSA
- Mark-to-Market Upside – Ability to increase rent to market rates.
- High Population Density - Over 1,500,000 People Located Within a 10-Mile Radius
- Versatile property - 2 Individual Buildings – Converting to Multi-Tenant can Capture Higher Rents
- High household income - Average Household Income within 10-mile radius is over $106,000
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