SouthWest Water Company will be moving into Minute Maid’s former offices, an 8-story building in Sugar Land, located at 2150 Town Square Place in the Sugar Land Town Square.
After more than 50 years in the Houston and a stint in Sugar Land, Coca-Cola has moved Minute Maid to Atlanta. Today, after securing $1 million in economic incentives to stay in Sugar Land (paid over 2 years), a water utility company is moving into Minute Maid’s former offices. The company has been in Sugar Land since 1985 and will move from a 21,000 square-foot space at 12535 Reed Road in the Sugar Land Business Park to the town square next to city hall.
SouthWest Water is relocating and expanding into a 41,114-square-foot office in Sugar Land Town Square and signed a 15-year lease for the eight-story office building. Planned Community Developers represented the landlord, Lionstone Investments, in lease negotiations with SouthWest Water. The eight-story building and property has 175,000 square feet of office property and 10,756 square feet of first-floor retail. The commercial building features 25,000-square-foot floorplates, four passenger elevators, and approximately 660 parking spaces. Other tenants include Lotus Midstream, GR Energy Services and Electronica Laboratories, CommercialEdge shows. There are still about 25,000 square feet left to lease in the building at the 32-acre mixed-use Sugar Land Town Square development.
The utility’s relocation to the newer commercial space in Sugar Land, Texas, will create over 20 jobs and add to the company’s workforce of more than 100 employees whose average annual salary is more than $78,000, according to the city’s economic council. The water utility firm received $1 million as part of the Sugar Land’s Office Headquarters Retention Incentive program. In exchange, the company will keep its headquarters in Sugar Land.
