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HOUSTON-Sterling Bank has decided to hold onto 11,545 sf of retail lobby space at 13111 Westheimer Rd. after eyeing competitive office buildings in the Westchase submarket. But, the bank’s decision is just for the medium term for a location it’s occupied at least five years.

Bill Boyer, first vice president with the Houston office of CBRE/Trione & Gordon, tells GlobeSt.com that the search was focused on the Westchase submarket. The decision to stay for a few more years was mortared by the terms laid on the table by Joe Weatherly of Proterra Properties, who represented owner of record, 18634 Clark Street Associates of Santa Monica, CA. Based in Houston, the parent holding company, Sterling Bancshares Inc., operates 37 facilities in Dallas, San Antonio and its homeport.

The class B building, with 59,294 sf, has a street rent of $14 per sf. The tenant roster includes Allied Data Corp., ISS Consultants Inc. and Amyl Inc.

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