Thank you for sharing!

Your article was successfully shared with the contacts you provided.

HOUSTON-A marketing firm strikes a deal for 11,877 sf of class B space in Houston and a group of attorneys take a 7,747-sf, class A office in the Woodlands, both committing for the long term.

International Demographics, a developer and distributor of multimedia market surveys, moved the headquarters from 3355 W. Alabama St. to 10333 Richmond Ave. in a 15-mile suburban relocation. Tod C. Higginbotham of International Demographics says the decision was aimed a providing a more central location for the staff.

The 218,507-sf, 11-story office building is 81% occupied. It has a quoted rate of $19.50 per sf. Mike Boehler of the Houston office of the Staubach Co. represented International Demographics in the negotiations while Rosemary Kogler and Brian McMackin, both with Lincoln Property Co.’s Houston office, handled talks for the building owner, W9/LWSII Real Estate Ltd., a limited partnership of Lincoln Property Co. and Whitehall Funds, the real estate arm of Goldman Sachs.

In the Woodlands, Rathwell and Nizialek doubled their space by committing to 7,747 sf in a renewal and expansion in Town Center One at 1450 Lake Robbins Dr. Tim Crockett with the Houston office of Henry S. Miller Commercial tells GlobeSt.com that the firm has been a tenant for three years. The new deal takes Town Center to 100% occupancy, he says. The average rent for class A space in town is $21.15 per sf.

According to Crockett, the attorneys surveyed the market, but decided to stay because they liked the six-story, 150,000-sf building’s location and ability to accommodate the expansion plan. He represented the law firm in the lease negotiations. Gary K. Johnson with Crimson Corporate Services in Houston, the building’s leasing agent and property manager, represented Draper & Kramer, a Chicago-based adviser to the limited partnership owner.

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
Live Chat

Copyright © 2022 ALM Media Properties, LLC. All Rights Reserved.