Parkside Capital Announces Land Plans For Business Park in Baytown, Texas

Online, August 20, 2010 (Newswire.com) - (HOUSTON, TEXAS) - The Houston office of Parkside Capital, the Texas-based real estate firm, announced today that Bay 10 Business Park, located within close proximity to I-10 and the Grand Parkway in Baytown, Texas is available for purchase. Project completion is expected in the first quarter of 2011.

Parkside Capital is managing the development in partnership with Stratford Land. "We are delighted to bring this high-value project to Baytown; and we are happy to join forces with Stratford Land," said Joe Moody, CIO, Parkside Capital. "As demonstrated with our previous project, West Ten Business Park in Katy, Texas, we are delivering a quality project by improving raw land in a high-growth market," stated Moody.

"The Bay 10 Business Park is one of the largest commercial projects under development in Baytown," said Joe Moody. "Bay 10 will provide land owners with easy access to Interstate 10, the Grand Parkway, and the Port of Houston."

About Parkside Capital
Parkside Capital invests in land on behalf of both private and institutional investors. The goal is to buy undervalued, core land assets that can be improved through entitlements including utilities, access improvements, floodplain mitigation, and environmental remediation. The investment goal is to obtain the value added entitlements over a two to five year period, then make a sale or sales to an end user or developer. Parkside Capital Land Fund is focused on adding long term value to each land parcel it owns. The Fund's access to capital and its long-term strategy give it an advantage in the current market.

About Stratford Land
Stratford Land, through its land funds, works on behalf of investors who want to invest in land. Working much like a mutual fund with different stocks, Stratford builds a portfolio of different properties in its funds. Over time, and with proper management, it seeks to deliver a targeted rate of return to its investor. Once the land is acquired, Stratford secures entitlements, including zoning, land use permits, overlay districts, public road funding and other approvals to enhance the value of the property. In its work, Stratford always seeks to secure entitlements in a way that leaves the community satisfied with the result. Its success in doing so has won the respect of many communities.

Media Contact:
Sarah Cox
713.773.5537