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Two Firms Expand by 35,214 SF in Greenway Plaza

HOUSTON-The law firm of Coats Rose Yale Ryman Lee and healthcare technology firm Healthlink Inc. rework their leases to get extra space in a pair of Crescent-owned office buildings. The law firm adds 14,215 sf and the healthcare operator, 20,999 sf.

By Jennifer D. Duell | Updated on May 03, 2005

HOUSTON-Two corporate users in Greenway Plaza have expanded by 35,214 sf in separate class A buildings.

The local law firm of Coats Rose Yale Ryman Lee signed a long-term lease to add 14,215 sf, increasing its presence in 3 Greenway Plaza to 66,768 sf. Healthlink Inc. took its total to 35,067 sf with a 20,999-sf expansion in 3800 Buffalo Speedway, redrafting its pact with a medium term.

Coats, Rose Yale Ryman Lee, marking its first year in the building, is picking up the balance of the 19th floor. The firm also fills the entire 20th and 21st floors in the 477,350-sf, class A building, owned by Fort Worth-based Crescent Real Estate Funding III LP. The lawyers will start moving into the expansion space in June and finish by year’s end. With the Coats Rose lease, 3 Greenway Plaza is 99% occupied. Quoted rents fall in the low $20 per sf. Ron McWherter and Jake Cliburn with CB Richard Ellis Inc.’s local office represented Coats Rose while Crescent had in-house brokers Randy Strait and Warren Savery bargaining its terms.

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