Thank you for sharing!

Your article was successfully shared with the contacts you provided.

HOUSTON-A Houston engineering firm has shifted the headquarters office from the Greenway Plaza submarket to the Southwest Freeway, taking 4,424 sf of class B space for the long term. Also in the southwest sector, a business law firm pens a class A lease.

PE Service Consulting Engineers Ltd. will gain about 1,000 sf of extra office space with the early August move-in to 8303 Southwest Freeway, Gloria Parrino of Betz Commercial Brokerage Inc. in Houston tells GlobeSt.com.

Parrino, the tenant’s representative, says the structural engineering firm wanted a new office with more space in the southwest quadrant and easy access to Beltway 8. Patricia Lowery in the Houston office of Premium Assets brokered the terms for the building owner, Center Holdings LP of Brooklyn, NY. The 423,000-sf complex is a three-building development with a quoted rate of $14 per sf.

In another office lease, Gibson-Gruenert LP moved into 1,770 sf in Phoenix Tower, a class A, 618,578-sf building at 3200 Southwest Freeway. The business law firm, headquartered in Lafayette, LA, signed a mid-term lease to exit a 2,500-sf office in the Medical Center after a three-year stint.

Phoenix Tower is owned by a Beverly Hills, CA partnership and managed by Houston-based Hines. Paula Bruns of Hines negotiated the terms for the owner and Parrino represented the tenant.

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


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.