X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

HOUSTON-A local law firm and Houston-based service provider to the petroleum industry have finalized leases for a combined 6,600 sf in the near southwest submarket of Houston.

The Arnold & Associates law firm signed for 3,417 sf at 2401 Fountainview Dr. just south of the Galleria near Piney Point Village and the City of Bellaire. Greg Cizik of Colliers International represented the tenant. The building is owned by Cornerstone Suburban Office LP, which had Webb Wotkyns of PM Realty handling its end of the negotiations.

In a 3,177-sf lease, MCS Technologies LLC took an office spot at 1220 Augusta Dr. near the Fountainview Drive building. Rob Johnson of Rob Johnson Interests represented the building owner, 1220 Augusta Partners Ltd. Robert S. Parsley and John Cox, both of Colliers International’s Houston office, brokered the terms for the tenant. MCS Technologies provides separation and treatment services to the petroleum industry.

The near southwest submarket contains slightly more than four million sf. It has a 16.4% vacancy rate, with average rents hovering above $14 per sf.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

Dig Deeper

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.