HOUSTON-A long-term lease to the Educational commission for Foreign Medical Graduates and the National Board of Examiners has backfilled 19,434 sf of a 140,000-sf class A hole left by Burlington Resources at 400 North Belt in North Houston.

The new deal takes occupancy to 63%, up from 50%, in a 225,704-sf building in the Greenspoint submarket. The Philadelphia-based groups, eyeing a July move-in, will use the office as a testing center. The groups also have testing centers in Chicago and Atlanta. The commission certifies foreign-trained physicians for residency programs in the US.

Chuck Goldstein with Cresa Partners’ Houston and John Behm in the brokerage house’s Philadelphia office represented the tenants in negotiating the long-term lease. According to Goldstein, the commission picked 400 North Belt for its proximity to George Bush Intercontinental Airport. The 12-story building at the southeast corner of North Sam Houston Parkway at Imperial Valley Drive is owned by the Jackson, MS-based Parkway Properties. The asset’s quoted rent is $17.50 per sf.

At the year’s start, Burlington emptied 140,000 sf in a move to Calpine Center in the CBD. The owner’s interests were brokered by Mark Preston with Houston-based Moody Rambin Interests and Jayson Lipsey with Parkway’s Houston office.

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?


© 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.

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 © 2024 ALM Global, LLC. All Rights Reserved.