NAI Partners Negotiates Houston Office Lease
- Feb 14, 2018
The Greater Houston Community Foundation (GHCF) has leased an 18,500-square-foot office located at 515 Post Oak Blvd. in Houston. NAI Partners’ Dan Boyles and Liz Westcott-Brown represented GHCF, while Stream Realty Partners Vice President Richard Barbles represented landlord 515 Post Oak Owner LP in the transaction.
Part of the Briar Hollow submarket, 515 Post Oak Blvd. is a LEED-certified 273,710-square-foot high-rise built in 1980. Spread across a 3.2-acre site, this Class A building was renovated in 2013. The property also features a first-floor retail space totaling 2,000 square feet. According to Yardi Matrix, the asset’s vacancy rate was approximately 17 percent at the time of the deal.
Common area amenities include:
- controlled access
- multi-level parking structure with 815 spaces (covered parking is also available)
- six elevators
- free Wi-Fi
The property offers easy access to Interstate 610 and West Loop South. Uptown Park, The Tasting Room, Crave Cupcakes, McDonald’s, Whole Foods Market and North Italia are also located nearby.
In another recent deal, NAI Partners arranged a 12,375-square-foot industrial sublease located at 3900 Claymoore Drive in Houston for MOC Central LLC.
Image courtesy of NAI Partners