New Class A Office Building Tops Out at BriarLake Campus
- Nov 12, 2013
Dallas-based TIER REIT announced the topping out of Two BriarLake Plaza, a 12-story, 332,000-square-foot office tower in the heart of Houston’s Westchase District.
Located at 2050 West Sam Houston Parkway and Briar Forest Drive, Two Briarlake Plaza broke ground in late 2012 and is on track for delivery in April 2014.
The property will be anchored by Samsung Engineering America, which has pre-leased 50 percent of the Class A property for its North American headquarters.
“With its distinctive architecture, amenities and prime location, Two BriarLake Plaza will be a landmark Class A-plus building in the Westchase/Energy Corridor office market,” said John Pruitt, executive managing director, who, along with senior vice president Jessica Ochoa, handles leasing services for the building.
Designed to achieve LEED Silver certification as well as an ENERGY STAR rating, the tower will offer a bistro-style café on site, a fitness center equipped with showers and locker rooms and a first-class conference center that can accommodate as many as 150 people.
The design and construction team for Two BriarLake Plaza includes general contractor Harvey Builders; Kirksey Architecture; structural engineer Haynes Whaley Associates Inc.; mechanical, electrical and plumbing firm Wylie Consulting Engineers; and civil engineer Brown & Gay Engineers Inc.
Behringer Harvard will provide on-site property management services.
With the completion of Two BriarLake, the campus will feature 830,000 square feet of premier office space in one of Houston’s top business districts. Behringer Harvard REIT I Inc. acquired the neighboring One BriarLake Plaza in September 2008. Built in 2000 to the highest Class A-plus standards, One BriarLake is LEED Gold certified and received the Energy Star Award in 2004.
Meanwhile, Chicago-based Brennan Investment Group L.L.C. purchased an 11-acre tract near the intersection of 1-45 and FM-1960 in the North submarket for its second speculative development project in Houston.
Plans call for three office warehouse buildings totaling 110,000 square feet. Designed to serve the significant demand for manufacturing, assembly and distribution uses, the properties also offer ample yard area for outside storage.
“We made a strategic decision to allocate a significant portion of our capital to the ‘Texas Triangle,’ cities and Houston in particular,” said Michael Brennan, chairman & co-founder of Brennan Investment Group. “The economic vitality of the Texas economy seems poised to outperform many other regions of the U.S., and the benefits to the industrial real estate market are manifested in 16 consecutive quarters of positive absorption and a 92.5 percent occupancy rate.”
Photo credits: BriarLake Plaza