April 06, 2023
HOUSTON – Transwestern Real Estate Services (TRS) announces Mattress Firm has signed a 55,855-square-foot lease at Reserve at Westchase, a 194,919-square-foot office building located at 3250 Briarpark in Houston’s Westchase submarket. The Class A property is leased and managed by Transwestern’s Vice President Jack Scharnberg, Leasing Agent John Heard and General Manager Cindy Ray.
The nation’s largest mattress retailer is among several large, corporate users to relocate their headquarters to the Westchase submarket. Scharnberg of Transwestern represented the landlord in the transaction. Jon Lee and Brett Blanchard of CBRE represented the tenant in lease negotiations.
“This deal further cements West Houston/Westchase as an ideal location for companies looking to make long-term real estate commitments,” said Scharnberg. “Due to the quality of the project and competitive economics, Mattress Firm was able to secure a long-term deal at a great value.”
The large, modern floorplate, upcoming renovations, and ease of access to the West Belt and Westpark Tollway drew the tenant to Reserve at Westchase. The leasing and management teams worked closely with Mattress Firm to identify enhancements worthwhile to their users. This includes building a new conference center and tenant lounge in tandem with the deal.
Also representing the landlord in this transaction were David Baker and Kristen Baker.
Renderings and building photo available here.
About Mattress Firm
Mattress Firm, the nation’s largest omni-channel mattress specialty retailer, has been helping solve America’s sleep problems for more than 90 years through our family of brands. Every one of our more than 6,500 passionate Sleep Experts are driven by a common purpose: to change people’s lives through better sleep. Whether browsing online or in one of our 2,300+ stores, our highly trained team provides personalized service and advice to help customers choose the right mattress and bedding products based on their unique needs. Our expertly curated selection of products include leading brands such as Beautyrest®, Nectar®, Sealy®, Serta®, Simmons®, Sleepy’s® Stearns & Foster®, Tempur-Pedic®, Tuft & Needle®, tulo®, and Purple®. Mattress Firm supports local and national charities through product and monetary donations and offers employee volunteering opportunities to serve their communities. No matter the time of night, Mattress Firm wants to help people get the sleep they deserve. Our Sleep.com website provides expert advice and helps people explore the health benefits of quality sleep, and the Sleep.com app provides free sleep tracking and personalized insights to improve sleep.
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, Tenant Advisory + Workplace 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. Through an integrated, customized approach that begins with good ideas, the firm drives value for clients across commercial real estate services, development, investment management, and opportunistic endeavors for high-net-worth investors. Operating from 33 U.S. offices, Transwestern extends its platform capabilities globally through strategic alliance partners whose unique geographic, cultural, and business expertise fuels creative solutions. Learn more at transwestern.com and @Transwestern.