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Boulder Management Eyes Office Project for Westway Park Buy

HOUSTON-Boulder Management is planning to come out of the ground next year on a 35,000-sf to 50,000-sf office development in Westway Park. The project gets a jumpstart as brokers close a 2.4-acre land buy.

By Jennifer Brenner Andrade | Updated on June 22, 2001

HOUSTON-Boulder Management Inc., the real estate arm of New Orleans-based Seismic Exchange, has purchased 2.4 acres in Westway Park, a 150-acre office development at Sam Houston Tollway and Clay Road.

Boulder Management’s buy will ultimately house a 35,000-sf to 50,000-sf office building. Company principals say the plan is to break ground next year. The acquisition, say officials, is a forward-looking, cost-effective decision. The play puts the company on the offense “in reserving land we know someone else will buy if we don’t purchase it first,” officials contend. Boulder’s parent company, Seismic Exchange already has a 51,000-sf building in the park. Wolff’s in-house representative David L. Lane has negotiated the land sale.

David Hightower, senior vice president for developer Wolff Cos., says the park has just 35 1/2 acres remaining. He says interest has been strong since development began in 1998.

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