Mary Descant of Caldwell Watson Real Estate Group has represented building owner, Northchase Investments, in both deals. The first lease totals 2,862 sf for the 14505 Torrey Chase office building. Tenant Douglas L. Lyons has been represented by Pauline Phillips of Tomlinson Commercial Real Estate. Torrey Chase building is a four-story, 67,000-sf structure built in 1983. The average rental rate is $15 per sf. The property sits in the1960/Champions submarket in Northchase Office Park.
Also in Northchase Office Park, a 7,656-sf lease has been executed for 13700 Veterans Memorial. Tenant Accudata Systems Inc. also has been represented by Phillips. Veterans Memorial is a 67,825-sf building, constructed in 1982 and carrying an average rental rate of $14.50 per sf.
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