Oldham Goodwin Capital Acquires The Science Park At Research Valley In College Station, Texas
November 1, 2016 by OLDHAM GOODWIN
Bryan, Texas — Oldham Goodwin Capital, LLC (OGC) is pleased to announce that it has closed on the acquisition of The Science Park at Research Valley, an 180,000 square foot office, business, and technology park along with its surrounding 54 acres located at 2501 Earl Rudder Freeway South in College Station, Texas.
Oldham Goodwin Capital, the sponsor and a subsidiary of Oldham Goodwin Group, LLC, will be renaming the development Providence Park at Research Valley.
Providence Park at Research Valley is a 54-acre site in the heart of Bryan/College Station, strategically located directly off of State Highway 6, the most important regional mobility and transportation corridor in the Brazos Valley. This redevelopment and additional development, located less than two miles from the center of Texas A&M University, will result in a significant increase in employment, property tax and sales tax for the City of College Station, CSISD, and Brazos County.
Lynntech, Inc., a technology development company supporting research and development requirements of government sponsored initiatives, will continue to serve as the anchor tenant of Providence
Park at Research Valley 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,” said Casey M. Oldham, Chairman and CEO of Oldham Goodwin Group, LLC. “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.”
In addition to the existing 180,000 SF 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 planned for the frontage along State Highway 6. Those seeking commercial development in College Station will truly have a shovel ready master planned park.
About Oldham Goodwin Capital, LLC
Oldham Goodwin Capital, LLC provides accredited investors the opportunity for equity investment in real estate partnerships. Its objective is to generate superior risk-adjusted returns for our investment partners. OGC was formed to develop and acquire assets in the hospitality, multifamily, office, and retail sectors within both established markets and high growth secondary markets throughout the state of Texas. For more information about OGC, please visit www.softway3.wpengine.com/investments/.
About Oldham Goodwin Group, LLC
Oldham Goodwin Group, LLC, headquartered in Bryan/College Station, Texas, with offices in Houston and San Antonio, is a fully integrated commercial real estate firm offering comprehensive brokerage, development, management, and investment services for a variety of property types in emerging markets throughout the state.For more information about Oldham Goodwin’s properties or services, please call the Bryan/College Station office at (979) 268.2000, the Houston office at (281) 256.2300, the San Antonio office at (210) 404.4600, or visit www.softway3.wpengine.com.