3555 Timmons. Picture courtesy of Stream Realty Companions
Unilev Capital has chosen Stream Realty Companions to lease and market two of its Houston workplace buildings.
Stream’s Senior Vice President Brad Fricks and Vice President Matt Asvestas will function leasing brokers for 3555 Timmons; Vice President Matthew Seliger and Senior Affiliate Danielle Rothchild will head up leasing for 4550 Put up Oak Place.
Avestas and Rothchild additionally deal with leasing at a 216,889-square-foot workplace constructing in Houston’s Greenspoint submarket. Stream landed the task in November.
Two Unilev workplace properties
Located within the Greenway submarket, the 14-story 3555 Timmons got here on-line in 1982, encompassing 225,895 sq. toes, in response to CommercialEdge information. Unilev acquired the asset in 2012 and invested greater than $3.2 million in property enhancements, together with an up to date foyer and convention room.
The constructing’s present tenants embody Victory Packaging, Fisher Investments and Greenway Capital Advisors, the identical information supplier exhibits. The property is near eating, leisure and retail choices in addition to the River Oaks and West College Place neighborhoods, accessible through U.S. Route 59, Interstate 610 and the Westpark Tollway.
READ ALSO: Property Administration’s Function within the Growth of New Workplace Areas
4550 Put up Oak Place. Picture courtesy of Stream Realty Companions
The 136,327-square-foot 4550 Put up Oak Place was accomplished in 1976 within the Galleria submarket, CommercialEdge information exhibits. The boutique workplace constructing is residence Cypress Asset Administration, Genomma Lab USA and Drillwell Power Providers, amongst others.
Tenants can entry the property through Interstate 610, San Felipe Avenue and Put up Oak Boulevard. A number of outlets, eating places and resorts are close by.
In response to a current CommercialEdge report, Houston’s workplace market recorded a 22.5 % emptiness fee as of February, down 240 foundation factors over the yr. Nonetheless, the worth was 600 foundation factors greater than the nationwide fee of 16.5 %.
