July 14, 2020
Houston – Regent Properties and Transwestern Real Estate Services (TRS) announce that Ryan LLC has leased 66,750 square feet at Park Towers, 1233 W. Loop S. in Houston’s Uptown/Galleria submarket. Transwestern Managing Director Doug Little, Executive Vice President David Baker, Vice President Kelli Gault and Associate Jack Scharnberg provided agency leasing services on behalf of the landlord, Regent Properties.
“We are thrilled that the Ryan team is relocating to Park Towers,” said Matthew Benbassat, Chief Operating Officer at Regent. “Park Towers exemplifies Regent’s vision of providing our tenants with an amenity-rich environment that will allow their employees to produce at their highest levels.”
Park Towers is a Class A, 545,242-square-foot office property comprised of two 272,621-square-foot, 18-story buildings. The space boasts a high-performance fitness facility, tech-savvy conference center, in-building dining and soon-to-be-completed lobby renovations. The location is abundant with walkable amenities at the nearby Uptown Park shopping center and has excellent proximity and a paved walkway to Memorial Park. The building visibility and ease of access attributed greatly to the tenant’s decision to lease the space.
“We are excited to move our Houston operations into Park Towers,” said Robert Wertz, Senior Vice President and Chief Real Estate Officer at Ryan. “The office space provides superb amenities for our employees and the location is in proximity to many of our clients and employee residences in the dynamic Uptown/Galleria area of Houston. In addition, Regent Properties is a first-class owner with tremendous plans for the Park Towers complex.”
About Transwestern Real Estate Services
Transwestern Real Estate Services (TRS) adds value for investors, owners and occupiers of all commercial property types through a comprehensive perspective and by providing solutions grounded in sound market intelligence. Part of the Transwestern companies, the firm applies a consultative approach to Agency Leasing, Asset Services, Occupier Solutions, Capital Markets, and Research & Investment Analytics.
The privately held Transwestern companies have been delivering a higher level of personalized service and innovative real estate solutions since 1978. An integrated approach formed from fresh ideas drives value for clients across commercial real estate services, development, investment management and opportunistic programs for high-net-worth investors. The firm operates through 34 U.S. offices and global alliances with BNP Paribas Real Estate and Devencore. Learn more at transwestern.com and @Transwestern.
Ryan, an award-winning global tax services and software provider, is the largest Firm in the world dedicated exclusively to business taxes. With global headquarters in Dallas, Texas, the Firm provides an integrated suite of federal, state, local, and international tax services on a multijurisdictional basis, including tax recovery, consulting, advocacy, compliance, and technology services. Ryan is an eight-time recipient of the International Service Excellence Award from the Customer Service Institute of America (CSIA) for its commitment to world-class client service. Empowered by the dynamic myRyan work environment, which is widely recognized as the most innovative in the tax services industry, Ryan’s multidisciplinary team of more than 2,800 professionals and associates serves over 16,000 clients in more than 50 countries, including many of the world’s most prominent Global 5000 companies. More information about Ryan can be found at ryan.com. “Ryan” and “Firm” refer to the global organizational network and may refer to one or more of the member firms of Ryan International, each of which is a separate legal entity.
About Regent Properties
For thirty years, Regent has been successful at identifying and implementing a broad spectrum of entrepreneurial real estate transactions. With each investment and development, the firm is committed to fostering honest and straightforward partnerships; maintaining long-term tenant, brokerage, lender, buyer, seller and governmental relationships; introducing innovative development strategies; and demonstrating operational excellence in design, leasing, financing, construction and management.