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HOUSTON-Siderca Corp. will move into the seventh and eighth floors in October, signing a seven-year lease for 2200 West Loop South. That and two smaller deals pushes occupancy to 62% from 40%.
HOUSTON-Whitney National Bank takes 23,970 sf at 4265 San Felipe Rd., where it also got the naming rights, while Texas Capital Bank settles on about 11,000 st at One Riverway. Both long-term deals include office and retail space.
HOUSTON-Construction is up about one million sf from last year while rent is holding the line and occupancy is down a percentage point from six months ago, according to the latest report from the Weitzman Group
HOUSTON-Merrill Lynch finds a buyer at last for 7110 Bellerive Dr. after several contracts in the one-year marketing period fall out. Buyer Gulf Coast Window Coverings plans to consolidate several locations into the structure.
HOUSTON-Ryan Energy Technologies will consolidate two locations into the Houston Intercontinental Oil Center, an industrial building at 19510 Oil Center Blvd. on the city's North Side.
HOUSTON-A law firm moves into 25,572 sf in Phoenix Tower in a long-term lease that lifts occupancy to 81% in the 619,000-sf high-rise in the Greenway Plaza submarket. In the Galleria, a bank takes 4,864 sf.
HOUSTON-The three-building, 38,271-sf complex sells after a year on the market. The property sits at the entrance to a town of specialty retailers, much like its tenant whose creditworthiness helped to secure financing.
HOUSTON-Mediterranean Shipping Co. had been sizing up the top floor of the three-story, 45,367-sf office building when its corporate leaders decided to buy it instead of lease. Finish-out starts in the coming weeks, with occupancy set for October.
HOUSTON-The Hattiesburg, MS investment group parts with land near the Bush Continental Airport. The buyer is a Houston investor who's not announced plans although the land is prime fodder for industrial development.
HOUSTON-Williford Property Group takes over leasing and management for the 35,000-sf, class B Community State Bank Building in West Houston. With the building at 98% occupancy, the focus will be tenant retention.