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Holman Boiler Works, Inc., the nation’s largest and full-service boiler solutions provider, has signed a build-to-suit lease for a 24,000-square-foot manufacturing facility on a 2.54-acre site at Bayport North Industrial Park II in Pasadena, Texas, announced Newmark Grubb Knight Frank (NGKF). Holman was represented in the transaction by Rob Stillwell of NGKF’s Houston office.
“Holman is relocating and upgrading its facilities in the Greater Houston market,” said John Marrinucci, CEO of Holman Boiler Works, Inc. “The company is expanding as a direct result of the growth of our business in the Houston area. This new facility will broaden our capability to apply modern manufacturing and engineering techniques to better service clients. As a company, we are very excited about this transition.”
Located near the intersection of Hwy. 146 and Fairmont Parkway in Pasadena, the property is a project of North Bayport Industrial Park II, a Texas limited partnership. The landlord was represented by B. Kelley Parker, III, SIOR, of Cushman & Wakefield. Holman’s site is at the southeast corner of Underwood Road and New Decade Road within the park.
Based in Dallas, Holman Boiler Works also is one of the fastest growing boiler services companies in the U.S. The 65-year-old company is a leader in designing and delivering a full range of integrated boiler solutions for commercial and industrial markets. The company’s go-to-market strategy combines local sales and 24/7/365 service support through 13 regional offices and 300 employees.
Holman has thousands of customers worldwide in steam-intensive markets, including food processing, refinery, petrochemical, utility, gas processing, energy, packaging, environmental, healthcare, education and government.
About Newmark Grubb Knight Frank
Newmark Grubb Knight Frank (NGKF) is one of the world’s leading commercial real estate advisory firms. Together with its affiliates and London-based partner Knight Frank, NGKF employs more than 11,000 professionals, operating from more than 340 offices in established and emerging property markets on five continents.
With roots dating back to 1929, NGKF’s strong foundation makes it one of the most trusted names in commercial real estate. Its integrated services platform includes leasing advisory, global corporate services, investment sales and capital markets, consulting, program and project management, property and facilities management, and valuation services. A major force in the real estate marketplace, NGKF serves the local and global property requirements of tenants, landlords, investors and developers worldwide. For further information, visit www.ngkf.com.
NGKF is a part of BGC Partners, Inc. (NASDAQ: BGCP), a leading global brokerage company primarily servicing the wholesale financial and real estate markets. For further information, visit www.bgcpartners.com.