The Science Park at Research Valley Changes Hands
- Nov 08, 2016
By Anca Gagiuc, Associate Editor
College Station, Texas—Oldham Goodwin Capital LLC announced the closing of its acquisition of The Science Park at Research Valley, an office, business and technology park along with its surrounding 54 acres located in College Station. The company, the sponsor and a subsidiary of Oldham Goodwin Group LLC will rebrand the development as Providence Park at Research Valley.
The 180,000-square-foot asset is located at 2501 Earl Rudder Freeway South, directly off of State Highway 6, the most important regional mobility and transportation corridor in the Brazos Valley. Lynntech Inc. will be the anchor tenant along with several other tenants that are in negotiations.
“This facility and adjacent land are truly located in the heart of College Station, with easy access to Texas A&M University. It is ideally suited for a wide variety of user types, including research & development, wet/dry labs, warehouse and standard office configurations,” Casey Oldham, chairman & CEO of Oldham Goodwin Group, said in a prepared statement. “When compared to the current and planned inventory of available commercial space in the Bryan/College Station community, this property’s features and flexibility, combined with its attractive rent rates, make Providence Park at Research Valley a truly unique opportunity.”
Besides the existing facility, Providence Park at Research Valley has 50 acres of land that will be immediately available for all types of financially competitive build-to-suit opportunities and fee simple purchases. Significant retail development is also planned for the frontage along State Highway 6.
Image courtesy of Oldham Goodwin Group’s Facebook Page