(HOUSTON, TX) –Midway’s East River today announced the sale of a prime tract within the transformational mixed-use development to Anton Paar USA. The global leader in precision instruments has acquired a site at the southwest corner of Clinton Drive and Meadow Street, where it plans to establish its new South Region headquarters.
Anton Paar USA, a subsidiary of the Austria-based Anton Paar Group, is renowned for its development, production, and distribution of highly precise laboratory instruments and process measuring systems, as well as providing custom-tailored automation and robotic solutions. Currently located in an industrial building on World Houston Parkway, the company plans to construct a new three-story, 30,000 square-foot facility at East River. This modern building will include 12,500 square feet of office space, 12,599 square feet dedicated to technology, lab, training, and conference facilities, and 5,000 square feet for distribution and shipping.
“Anton Paar has experienced significant growth in Houston over the past few years," said Brad Farrar, Vice President, Sales and Service at Anton Paar USA. “East River offers a prime location that enhances accessibility for our current and future employees as well as our customers. We are excited about our new location, which is close to everything the city has to offer and aligns with the future vision of East River. Our new headquarters will enable us to better showcase, support, and distribute our technology to experts across the region."
The new Anton Paar headquarters will be situated just east of The Studios at East River, where The Office of James Burnett Landscape Architects (OJB) acquired one of the 10,000 square foot Studio buildings for their Houston offices. This proximity to leading design firms and other innovative companies atEast River fosters a collaborative environment that is central to the vision of the development.
In addition to Anton Paar's new facility, Midway is also developing the new headquarters for Port Houston at East River. This 95,000 square-foot office building, along with a dedicated parking garage and skybridge, underscores East River's role as a catalyst for economic growth and community development inHouston's east side.
"East River is transforming Houston's east side into a hub for commerce and culture,” said David Hightower, Executive Vice President, Investment and Development at Midway. “With leading companies like Anton Paar USA and Port Houston establishing their headquarters here, we are setting the stage for a thriving economic landscape."
Anton Paar was represented by Chad Bolling with Colliers International Houston, Inc.,while David Hightower, CCIM, Executive Vice President with Midway, represented the seller.
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ABOUT EAST RIVER
Midway’s East River is one of the most impactful urban revitalizations for a generation in Houston’s urban core. East River’s 150 acres of carefully designed, multi-phase, mixed-use development will transform the city’s waterfront east of downtown into a new economic center. Designed to grow and evolve through multiple phases, East River is ideally positioned to serve a wide range of residents, innovative and globally competitive companies, cutting-edge retail and restaurant concepts, and a host of institutional, educational and recreational opportunities. The project’s early phases of development set the tone for a world-class collection of districts by focusing on connecting Houston’s urban fabric to central green spaces, active transportation, upgraded infrastructure and an impressive mile of waterfront along Buffalo Bayou.
EastRiver is developed by Midway and managed by Parkway. For more information visit www.eastriverhtx.com. To stay up-to-date on East River’s progress, follow along on Facebook, Instagram and Linkedin.
