HOUSTON—Transwestern has announced that it has been retained by affiliates of Miami-based Banyan Street Capital and Los Angeles-based Oaktree Capital Management LP to lease a three-building office portfolio totaling 251,303 square feet.
Reserve at Greens Crossing II is located at 11310 and 11410 Greens Crossing Blvd. in the North Belt submarket and Timberway One is located at 15990 N. Barkers Landing in the Energy Corridor submarket. Transwestern executive vice president Michelle Wogan and senior vice president Monte Calvert will lease the properties on behalf of the owner, Banyan Street Capital, which purchased the buildings as its first acquisition in the Houston market.
“With almost 10 million square feet of commercial space in the US, Banyan Street's acquisition of these assets will now position these building to provide value, efficiency, build-out dollars and service to the new and existing tenants in the projects,” Wogan told GlobeSt.com.
Reserve at Greens Crossing II consists of two deep-bay, single-story office buildings totaling 158,435 square feet with more than 82,000 square feet available, and up to six per 1,000 square feet of parking. The property's location is less than 15 minutes from Bush Intercontinental Airport, offers direct access to the Sam Houston Tollway and Interstate 45, and is nearby shopping malls, hotels, restaurants and residential subdivisions.
Timberway One is a 92,868-square-foot office building with more than 30,000 square feet available for lease.
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