Binswanger Named Exclusive Agent for Sale of Former Hewlett-Packard Facility in Houston, Texas


DALLAS, TX--(Marketwire - September 29, 2008) - Binswanger has been named exclusive agent by Unilev Management Corp. for the sale/lease of a magnificent, one-story, fully air-conditioned facility on an expandable 105 acres at 2400 Northwest Freeway in Houston, Texas.

Formerly utilized by Hewlett-Packard (former tenant) as an assembly and call center operation, this outstanding Research and Development/Light Assembly/Flex Office facility can be subdivided, and features 6" reinforced concrete floors; brick, stucco, glass and insulated metal walls; ceiling heights to 25' clear; all utilities; 34,500 volts of electric power, dual-fed from two separate substations; 100% wet sprinkler system; and fiber optics.

The facility offers many exciting amenities, including a fitness center, food service court, security control center and conference facilities.

Ideally located, the property is just minutes to Interstates 610, 45, and 10, as well as US Highway 59.

"The location, infrastructure and the varied potential uses make this truly the most unique facility available in the Southwest today," stated Holmes Davis, Senior Vice President of Binswanger, who is handling the disposition.

Binswanger is aggressively marketing this facility to a wide variety of manufacturers, including computer assembly, electronics, medical devices, pharmaceutical, aerospace/defense, as well as to users in research and development, call centers, data centers, educational institutions and Global 500 companies.

Headquartered in Philadelphia, PA, Binswanger is an international full-service real estate organization with offices worldwide throughout the U.S.A., Canada, Mexico and South America, the U.K. and Europe, the Middle East, and Asia.

Contact Information: CONTACT: Leslie Young 215-448-6239 215-448-6097 FAX