The deals take occupancy to 74% in the 377,077-sf building at 580 WestLake Park Blvd., where the quoted rent is $23 per sf. "We still have three full floors available," Kevin Brands, senior vice president and asset manager for the Chicago-based owner, CMD Realty Investors, tells GlobeSt.com. Wade Bowlin and Michael Martin with Houston-based PM Realty Group brokered both transactions.
According to Brands, BP Federal Credit Union's lease was expiring. The company decided to stay in Two WestLake Park because its parent company, BP plc has offices across the street.
TIC International, a consultant for technology and construction fields, relocated its offices from 11757 Katy Freeway. Finish-out is under way.
© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more inforrmation visit Asset & Logo Licensing.