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HOUSTON-A start-up bank has inked a deal for 8,418 sf of office space at 13100 Northwest Freeway. The building is owned by Northwest One LP, an entity of Houston’s Caldwell Watson Real Estate Group.

According to published reports, the Right Bank for Texas is the brainchild of former big bank executives. The community bank is starting with $10.5 million in reserves and plans to initially focus on securing owner-operated business customers in the Northwest Freeway corridor, particularly in the area between Bingle Road and Sam Houston Tollway.

Brad Marnitz of Houston’s NAI Partners Commercial negotiated the pact for the yearling bank. Mary Descant is Caldwell Watson’s in-house leasing rep for the building, bought in 1999. The 20-year-old building is a six-story, 127,241-sf suburban office building. The 92.7%-leaded structure carries a quote rate of $18.50 per sf. Sterling Capital Mortgage, the engineering firm of CLR and retailer Antones are the anchor tenants.

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