The clinic will continue to operate at nearby 215 Montrose Ave.,Greg Cizik of the Houston office of Colliers International tellsGlobeSt.com. He and Norman V. Munoz, also of Colliers, representedthe tenant in negotiations for the medium-term lease. ChristopherS. Klein of the Houston office of Colliers International and GreggLawrence of Greenway Properties, the Houston-based building owner,bargained the terms for the property owner.

Cizik says the clinic signing was facilitated by the owner's OKto renovate the interior, a project that is now under way. GreenwayProperties bought the 33-year-old building in 1995. The 43,000-sf,low-rise building has an occupancy of more than 95%.

In another transaction, Samsung Heavy Industries subleased 1,129sf of office space at San Felipe Plaza to Redwood Chemicals LLC.Munoz represented Samsung and Julie King of Strategis LLP spoke forthe sublessee. San Felipe Plaza, owned by Chicago's Equity Group,contains about one million sf at 5847 San Felipe in the Galleriasubmarket.

Want to continue reading?
Become a Free ALM Digital Reader.

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.