HOUSTON-Beacon Investment Properties has hired Stream RealtyPartners to handle the leasing for a six-story office building at1717 St. James Pl. in the Galleria submarket here. Beacon boughtthe 110,212-square-foot building last year.
The building is 94% leased, with another 5,000 square feet ofdeals being worked on now, says Adam Jackson with Stream. “It’sreally about maintaining the building, and working the mix oftenants getting ready to expire in the next couple years,” Jacksontells GlobeSt.com. Beacon is also launching a lobby redevelopmentproject, he says.
The biggest tenant is Regents Bank with 16,500 square feet. Anaverage rent for the area is in the $20 to $22 per square foot,gross, range, Jackson says.
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