X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

HOUSTON-In a climate full of change, two Houston tenants have renewed for a combined 24,645 sf at separate office buildings.

Test Automation & Controls, a consulting group, signed a 15,600-sf renewal at 8564 Katy Freeway on Houston’s west side near Dairy Ashford Road. Randy Wilhelm of the Houston office of NAI Partners Commercial represented the tenant. Robert S. Wilson of Robert S. Wilson LLC is the building owner and represented himself in the negotiations.

The Katy Freeway submarket has a vacancy of about 14% in comparison to 13.5% citywide. At the close of the third quarter, the submarket performed about average when stacked up against its peers.

RMT Inc., an environmental assessment and remediation consulting firm, renewed 9,045 sf at 11811 E. Freeway on the east side near Kingwood. Wilhelm represented the tenant at the bargaining table. C.C. Smitherman of Atrium 10 Tower LP was the in-house representative for the building owner.

The 21-year-old, 79,350-sf building has a quoted rate ranging from $11 per sf to $13 per sf, about $1 per sf below the average for the eastern submarket, where vacancy is about 13.3%.

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.