Park 8Ninety II

Beltway 8 and US 90A -- Houston, TX, United States

Artis owns a 127 acre parcel of development land called Park 8Ninety located in the Southwest industrial submarket in the Greater Houston Area, Texas, which is expected to be developed in several phases into approximately 1,774,000 square feet of new generation industrial real estate. Site work began in Q2-18 for Park 8Ninety II and the development is expected to comprise approximately 572,000 square feet of leasable area. Artis has a 95% ownership interest in Park 8Ninety II in the form of a joint venture arrangement.

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Philip Martens