IDV’s Patriot Business Park Lands Second Major Tenant in Less Than 90 Days

HOUSTON - June 17, 2026 - On behalf of Investment & Development Ventures, LLC (IDV) and Standard Real Estate Investments (SREI), Stream Realty Partners, a national commercial real estate firm offering an integrated platform of services, announces that Lindenmeyr Munroe has leased 100,043 square feet in Building 3 at Patriot Business Park, a newly developed three-building industrial campus in North Houston, located at 10326-10330 Veterans Memorial Drive. The project is owned by a joint venture between IDV and SREI.

Lindenmeyr Munroe, one of the nation's leading independent distributors of printing and packaging papers, wide format media, and facility solutions, will utilize the space to support its continued growth and operations in the Houston market. The signing marks the second major lease at Patriot Business Park since delivery, following the earlier signing of Fortune 200 global paper-based packaging leader Smurfit Westrock-a testament to the park's ability to attract high-quality institutional tenants.

Delivered by IDV in the first quarter of 2026, Patriot Business Park totals 462,591 square feet across three buildings and is designed to accommodate modern distribution and logistics users. Building 3, where Lindenmeyr Munroe will occupy space, offers 150,615 square feet with 36 dock-high doors and two drive-in ramps. Building 1 totals 92,758 square feet with 22 dock-high doors and two drive-in ramps, while Building 2 spans 219,218 square feet and features 58 dock-high doors and four drive-in ramps. All buildings feature front-load configurations, 32-foot clear heights, and ample parking.

Strategically located in the North Houston submarket, Patriot Business Park offers direct access to Veterans Memorial Drive and immediate proximity to Beltway 8 and Interstate 45, providing efficient regional connectivity.

"Securing our second lease at Patriot Business Park within the first three months of delivery speaks volumes about the quality of this development and the strength of the North Houston industrial market," said Jeremy Lumbreras, Managing Director at Stream. "Lindenmeyr Munroe is a premier operator in their sector, and we're proud to welcome them to the park alongside Smurfit Westrock."

"The pace of leasing activity at Patriot Business Park reflects exactly what we set out to achieve with this development-a well-located, institutional-quality park that attracts best-in-class tenants," said Cole Mueller, Director at IDV. "Signing a second high-quality tenant of Lindenmeyr Munroe's caliber within three months of delivery validates the vision IDV and SREI had for this project."

Stream Managing Director Tyler Maner, Senior Associate Natalie Gilbert, and Jeremy Lumbreras handle the leasing efforts on behalf of ownership. Jim Foreman and Sean Duffy of Cushman & Wakefield represented the tenant.

For more information on Patriot Business Park, contact Stream Houston at 713.300.0300.

About IDV

Headquartered in Houston, IDV was formed in 2013 with a focus on developing institutional quality industrial projects in key growth markets across Texas and the United States. Now celebrating over a decade of excellence, the IDV team has grown from three to eighteen people with over 200 years of combined real estate experience. Since its formation, IDV has developed over 13 million square feet of projects equating to over $1.6B in total capitalization. IDV has a current pipeline of 15.3 million square feet and controls over 1,400 acres of land sites for future development in 2026 and beyond. For more information, visit www.idvllc.net and follow IDV on LinkedIn.

About Standard Real Estate Investments

Standard Real Estate Investments (Standard) is a diversified middle market investment manager. The company operates across property sectors in markets throughout the United States with a current focus on the development of industrial facilities and the acquisition of multifamily communities. The firm maintains offices in Los Angeles, California and Washington, D.C. For more information, visit www.standardrei.com.

About Stream Realty Partners

Stream Realty Partners is a national commercial real estate firm offering an integrated platform of leasing, investment and development services. This includes tenant and landlord representation, Legendary CX property management, capital markets, investment management and sales, construction, construction management, national program management, workplace strategies, strategic marketing, and dedicated research. The company is headquartered in Dallas with operations in core markets coast to coast. Since 1996, Stream has grown to more than 1,550 professionals and now completes annual transactions valued at more than $11.5 billion in office, industrial, retail, healthcare, land, and data center properties. For information, visit www.streamrealty.com and follow Stream on LinkedIn, Instagram , X, and Facebook .