Palmer & Cay Inc., a Savannah, GA-based risk managementconsulting and insurance brokerage firm, moved into 5,187 sf at10333 Richmond Ave. According to Joanne Wright with the Savannahoffice of Palmer & Cay, the firm relocated from an executivesuite at 2500 City West Blvd. in the same submarket to the11-story, 218,507-sf suburban office building, where the quotedrate is $19.50 per sf. The new deal puts the office building at 81%occupancy.

Mike Boehler in Staubach Co.'s Houston office represented Palmer& Cay Inc. in the negotiations for the long-term lease.Rosemary Kogler and Brian McMackin, a Lincoln Property Co. team inHouston, bargained for the building owner, W9/LWSII Real EstateLtd., a joint venture of Dallas-based Lincoln Property andWhitehall Funds, the real estate arm of Goldman Sachs.

The Woodlands lease roped off a 2,262-sf office at 2204Timberloch. The new tenant is the Institute of InformationTechnology Inc., which left 172 sf in 2203 Timberloch Place for theneighboring building. Rosa Dye, leasing assistant for the WoodlandsOperating Co., handled talks for the operating company while CliveThomas, the tenant's COO, spoke for the software developer.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.