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PaperCity Staff Moves Into 9,216 SF at Richmond Tower

HOUSTON-PaperCity plans an immediate move into class B office space after signing a long-term lease to relocate its headquarters from a building that was ticketed to be razed. The new deal takes Richmond Tower to 90% occupancy.

By Jennifer D. Duell | Updated on April 01, 2005

HOUSTON-Nearly a year after getting the news that its current headquarters building was slated for demolition, PaperCity has found a new address in the Upper Kirby neighborhood. The monthly lifestyle publication’s executive team has signed a long-term lease for Richmond Tower.

PaperCity is boxing for a move into 9,216 sf of class B office space at 3411 Richmond Ave. The publication’s pact expired March 31 for about the same amount of space at 2727 Kirby Dr., which was slated to be razed by Ashkenazy Acquisition Corp. The New York-based firm planned to develop residential condos on the site, but local experts are speculating that it’s pulling back from the project.

“They’re a big fish in our building because they occupy close to an entire floor,” Scot Ison, president of locally based Axis Property Advisors LLC, tells GlobeSt.com about the inbound sixth-floor tenant. “And, PaperCity will create some identity for our building because it’s a well-known name.” Other tenants in the building, including modeling agency Page Parkes, are on the hunt for other locations.

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