Scot Ison of Axis Property Advisors of Houston tells GlobeSt.com that builder, Hahnfield Witmer Davis Inc., wanted to find first-floor space to accommodate the high flow of subcontractors and customers coming into the office each day. The builder, which develops in Royal Oaks, the Woodlands and Tanglewood, signed a sublease for more than five years to ride out the balance of Core Labs' commitment for space inherited in an acquisition. Ison says Core's broker, Mike Townsend of Moody Rambin Interests in Houston has 3,000 sf left to backfill for Core in the 179,000-sf office building. Owned by Unilev Corp. of Los Angeles, the building is 79.3% occupied and has a quoted rate of $18.21 per sf.
© 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.
