Houston-based Signa Engineering Corp. signed a long-term lease and added 5,000 sf for a total of 12,139 sf in Northpoint Central at 2 Northpoint Dr. near the intersection of Interstate 45 and Sam Houston Parkway. The five-year tenant has moved into the extra space.
Randy Wilhelm in the Houston office of NAI Partners Commercial tells GlobeSt.com that his client felt the building had the right image and offered flexibility for future growth. Chicago-based CMD Realty Investment Fund IV LP owns the 179,756-sf building, where the quoted rate is $18.50 per sf. Michelle Wogan of CB Richard Ellis Inc.'s Houston office represented CMD in the talks.
About a mile to the east, Houston-based Castex Energy renewed 9,654 sf in a 250,000-sf building at 333 N. Sam Houston Parkway East. The tenant's rep, Wilhelm, says the six-year tenant surveyed the market, but decided the business disruption of a move didn't make sense given current economic conditions. Lynn Bettis of Texas Property Advisors of Houston represented the building owner, Harvard Property of Dallas.
© 2025 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.
