Thank you for sharing!

Your article was successfully shared with the contacts you provided.

HOUSTON-A Houston-based aviation services firm has signed an early renewal for 28,743 sf in a Westchase building and inked a new lease at a nearby address to set up a data center in 2,242 sf.

Air Routing International penned the early renewal for 2925 Briarpark Dr. while tapping Columbia Centre at 11011 Richmond Ave. for the data center space. Tenant rep Randy Wilhelm in the Houston office of NAI Partners Commercial says the decision to take a second location for the data center was done as a strategic back-up in the event of a disaster. Air Routing provides services such as international and domestic flight support and international aviation weather watching.

The buildings, located two miles apart, are owned by a limited partnership of Dallas-based Granite Properties. Wilhelm tells GlobeSt.com that Air Routing International, a building tenant for about 15 years, signed a long-term renewal for the 12-story, 228,883-sf Briarpark Drive building. He says his client seriously considered buying or building a headquarters, but decided to renew early because “the economics made sense.” The 2925 Briarpark Dr. building carries a quoted rate of $21.50 per sf whereas the going rate is $18.25 per sf in the 166,346-sf Columbia Centre. Bubba Harkins with the Houston office of Granite Properties represented the building owner in both transactions.

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.