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Southwest Bank Renews 174,378 SF

HOUSTON-After looking for a year, the eight-year tenant commits for the long term in a straight-up renewal to keep nine floors of class A office space filled in the 85%-leased Five Post Oak Park in the Galleria.

By Jennifer Brenner Andrade | Updated on May 18, 2004

HOUSTON-Southwest Bank of Texas, an eight-year tenant, has re-upped for the long term on 174,378 sf of class A space in nine floors at Five Post Oak Park in the Galleria.

The straight-up renewal comes one year after the bank added another 20,000 sf to its bottom line in the 567,000-sf high-rise, Bob Boykin, regional vice president of leasing and marketing for Fort Worth-based Crescent Real Estate Equities Co., tells GlobeSt.com. The class A office space is on the market for $21 per sf.

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