River Oaks Tower. Picture courtesy of Companions Actual Property
Triyar Realty Group has appointed Companions Actual Property—previously often known as NAI Companions—to supervise the leasing exercise at River Oaks Tower, a not too long ago renovated workplace constructing in Houston.
In-built 1984, River Oaks Tower totals greater than 143,000 sq. toes. In 2009, the property’s proprietor, a family-owned enterprise, finalized a beauty renovation that included upgrades to the foyer, partitions and flooring.
Vice Presidents Michael Sieger, Andy Parrish and Lesley Rice of Companions Actual Property’s Workplace Challenge Leasing staff will lease the property. Earlier this month, the identical Companions Actual Property staff was tapped to handle the leasing actions at 2200 W. Loop S., a 202,999-square-foot workplace property in Houston’s Galleria submarket.
Positioned at 3730 Kirby Drive in Houston’s Greenway/Higher Kirby space, River Oaks Tower is located north of Freeway 59, some 5 miles from town’s downtown. An array of eating and retail choices are inside strolling distance of the property.
Manuel Gonzales, Lemon Peel Facial, Tilton & Tilton, Brand Houston and Distinctive Growth Group are among the many property’s tenants. River Oaks Tower nonetheless has 35,818 sq. toes of accessible house for lease.
In accordance with a current CommercialEdge report, workplace emptiness continues to rise at a nationwide degree. As of October 2022, Houston topped the U.S. for the best emptiness price amongst main markets, with the speed standing at 25.16 p.c. Atlanta adopted with a 21.08 p.c emptiness price.
On the opposite aspect of the spectrum, the South additionally witnesses a few of the lowest emptiness charges nationwide, with Charlotte and Miami conserving the bar low at 12.50 and 12.72 p.c, respectively.
