Houston-based Midway has landed yet another company's headquarters as a tenant for
its sprawling East River mixed-use development near downtown.
Houston-based Suderman & Young Towing Co. has leased 6,000 square feet of office
space in East River’s Trail Head 1, which is also referred to as Building F. The building is
situated next to a bayou-side greenspace, Midway said March 21.
“We are thrilled that Suderman & Young has chosen to office at East River, and we look
forward to welcoming their employees to experience the dynamic and amenity-rich
work environment we have curated,” said Anna Deans, vice president of investment and
development for Midway. “We are right on target for debuting this transformational
project in the fall as we close out building construction and move into the next stage of
tenant build-outs.”
Suderman & Young Towing was founded in Galveston more than 100 years ago to
provide towing and ship-assist services to a variety of vessels in Texas Gulf ports. The
company provides such tug services as ship docking, undocking and harbor assistance;
vessel escort; rig and special projects; and vessel assistance for liquefied natural gas
terminals.
Suderman & Young’s new offices in East River will replace the company’s existing
headquarters at 2777 Allen Parkway.
“We are very excited to relocate our headquarters to East River on a very historical
section of Buffalo Bayou,” said Kirk Jackson, president of Suderman & Young. “With all
the great amenities offered here, we look forward to moving into our new space and
hosting customers and others at this fantastic development.”
The new lease comes as Midway nears the official opening of East River’s 26-acre first
phase this fall.
The company has already completed construction of three retail/office buildings as part
of East River’s first phase, which broke ground in August 2021. Midway said tenants
that have signed leases for space in those buildings are in the midst of building out their
new offices.
When it is complete, the first phase of the development will offer 300,000 square feet of
office space designed to fit a variety of business needs.
The office tenants that have already signed on include Impact Networking; Method
Architecture, which unveiled plans for its new office space in July; Houston Maritime
Center; and Teal, which provides a cloud-based system for delivering hot water to
buildings without water heaters.
The first phase also includes The Laura, a five-story, 360-unit multifamily project
that broke ground in fall 2021. Midway expects to begin delivering units in The Laura
later this year.
Additionally, the development also includes another 100,000 square feet of ground-
level retail and a nine-hole golf course, dubbed East River 9, with an on-site restaurant.
Retail tenants confirmed for Phase I include Lick Honest Ice Creams, El Condor Coffee
Roaster, Tomi Jewelry, Urban Dental, and a new special events venue and landmark
rooftop bar from the owners of The Astorian.
Earlier this year, Midway announced it had broken ground on the next stage of
construction at East River. The Studios at East River, a for-sale office component
consisting of three 10,000-square-foot buildings, is scheduled to be completed in June.
The Studios at East River will anchor the development’s northern boundary on Clinton
Drive. Midway said the goal for the project is to cater to businesses that want to own
their own space. The two-story office buildings will be fully customizable with minimal
interior build-out.
Jeff Jeffery
