Impact Networking Signs Full-Floor, 16,000 Square-Foot Lease in Houston
Impact Networking, a leading managed service provider (MSP), announced today that it has leased a full floor of office space with Houston-based Midway, the privately owned, fully integrated real estate investment and development firm, in the first phase of its East River mixed-use development. At 16,000 square-feet, the space marks the largest office lease confirmed for the project to-date. Impact Networking’s building-top signage on the exterior of East River 1 will further solidify the company’s significant presence at East River. Midway is also entering into a partnership with Impact Networking as its new managed IT service provider. As a result of this significant leasing success, Midway has commenced vertical construction on the retail, restaurant and offices spaces for Phase I, with Burton Construction retained as commercial general contractor.
“We are thrilled that Impact Networking has chosen to office at East River, and we look forward to continuing our partnership as the company expands their presence in the region,” said Anna Deans, Vice President of Investment and Development. “Across the board, our tenants are telling us that amenity-rich environments that service the social and collaborative benefits of being at work are what they want – this is precisely what East River will deliver.”
Specializing in managed services and outsourced IT solutions, Impact Networking provides clients with the competitive advantages necessary for them to thrive in an increasingly digital world. From assessments to implementation, the company partners with the IT industry’s top vendors and employs strategic advisors, tech and creative experts and service technicians to deliver the best customer experiences within IT and cloud, cybersecurity, digital innovation, branding and marketing, and print and document management services.
“We saw the East River development as an elegant blend of history, culture, innovation, and modern community,” said Scott Copeland, President of Impact Texas. “Midway’s visionary efforts in East River are incredibly exciting and we are thrilled to be a part of this monumental project.”
Impact Networking is headquartered in Illinois, with offices in Wisconsin, Indiana and California. The company’s Houston office is currently its only location in Texas with plans to begin expansion in 2022 in Austin, Dallas, and San Antonio.
“Impact is committed to investing in the Houston community, first with our Houston Astros sponsorship, and now with our Midway partnership,” said Casey Vaughan, Chief Operating Officer of Impact Texas. “We look forward to providing Midway with excellent managed IT services, as well as continuing to build new partnerships in the community.”
Additional office tenants confirmed for East River’s first phase include Method Architecture and TEAL, leaving only one full floor remaining in East River 1 (Building C). In total, East River Phase I will offer 250,000 square feet of office space designed to fit a wide variety of business needs alongside the Laura, a five-story, modern-industrial multifamily community of 360 apartment homes; and an additional 110,000 square feet of retail at the ground floor of the office buildings, garage, and bayou pavilions that will fuse commerce and culture with restaurant, hospitality, retail, medical, and entertainment forming spaces. Confirmed retail tenants in Phase I include Broham Fine Soul Food & Groceries, Lick Honest Ice Creams, URBN Dental, and a new event venue and rooftop bar from the owners of The Astorian. East River’s first phase and is slated for competion in 2023.
Construction is also underway on East River 9, a nine-hole, par-three golf course open to the public, and Riverhouse Houston, a family-friendly restaurant and patio bar. Slated to open in spring 2022, this community-oriented activation will welcome neighboring residents to the site that has been closed to the public for over 75 years.
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ABOUT EAST RIVER
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 and a spectrum of housing price points, 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. To stay up-to-date on East River’s progress, follow along on Facebook and Instagram @EastRiverHouston.
ABOUT MIDWAY
Houston-based Midway is a privately owned, fully integrated real estate investment and development firm that has provided the highest level of quality, service and value to clients and investors for over 50 years. Midway’s portfolio of projects completed and/or underway consists of more than 45 million square feet of properties ranges from mixed-use destinations to office, industrial facilities, and master-planned residential communities. Midway continues to develop projects of distinction, aesthetic relevance and enduring value for investors, clients, and the people who live, work, and thrive in the environment they create.