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Harbor Capital Achieves Full Occupancy in Coral Sea Portfolio with Pulse Wire and Cable Lease

02.12.2024

Houston, TX – Harbor Capital has finalized a lease agreement with Pulse Wire and Cable for the property at 1950 Starpoint Drive, achieving full occupancy and stabilization of the Coral Sea portfolio.

Through this acquisition, Pulse Wire and Cable, a Michigan-based data infrastructure firm, expands into the Houston market. The 63-month lease with escalating rates, exceeds initial projections, reflecting strong market demand.

Despite market fluctuations, Harbor Capital remains optimistic about private capital interest in stabilized assets, planning strategic dispositions in the near future.

The lease signing marks a significant milestone, surpassing expectations for rental rates and tenant quality, demonstrating Harbor Capital’s commitment to maximizing investor value.