The Arnold & Associates law firm signed for 3,417 sf at 2401 Fountainview Dr. just south of the Galleria near Piney Point Village and the City of Bellaire. Greg Cizik of Colliers International represented the tenant. The building is owned by Cornerstone Suburban Office LP, which had Webb Wotkyns of PM Realty handling its end of the negotiations.
In a 3,177-sf lease, MCS Technologies LLC took an office spot at 1220 Augusta Dr. near the Fountainview Drive building. Rob Johnson of Rob Johnson Interests represented the building owner, 1220 Augusta Partners Ltd. Robert S. Parsley and John Cox, both of Colliers International's Houston office, brokered the terms for the tenant. MCS Technologies provides separation and treatment services to the petroleum industry.
The near southwest submarket contains slightly more than four million sf. It has a 16.4% vacancy rate, with average rents hovering above $14 per sf.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.