April 25, 2018
Houston – Transwestern today announces it has been retained to continue providing leasing services for the 575,731-square-foot Loop Central office complex on behalf of the new ownership, a joint venture of Griffin Partners and Wheelock Street Capital. Transwestern’s Executive Vice President David Baker, Senior Managing Director Doug Little, Vice President Kelli Gault and Senior Associate Amanda App are leasing the property at 4828-4888 Loop Central Drive.
“The Griffin/Wheelock venture will be making significant capital improvements to the Loop Central complex, helping us continue our strong leasing momentum,” said Baker. “The added amenities will include new conference and fitness facilities, signage, indoor and outdoor lighting, outdoor seating areas and enhanced food options which will give Loop Central a competitive edge in the market.”
Transwestern has been leasing the three-building complex since 2011 completing over 439,570 square feet of transactions. Strategically located within the Bellaire/Medical Center submarket places it within close proximity to the Galleria, Greenway Plaza and some of Houston’s most affluent residential neighborhoods, including River Oaks, West University, Tanglewood and The Villages. It also has frontage along the Westpark Tollway, providing both visibility and express vehicular access to Houston’s western suburbs. The property is comprised of three buildings, Loop Central 1, 2 and 3, which are 86.9 percent leased to 24 tenants and three parking garages with an abundance of parking.
Transwestern is a privately held real estate firm of collaborative entrepreneurs who deliver a higher level of personalized service – the Transwestern Experience. Specializing in Agency Leasing, Tenant Advisory, Capital Markets, Asset Services and Research, our fully integrated global enterprise adds value for investors, owners and occupiers of all commercial property types. We leverage market insights and operational expertise from members of the Transwestern family of companies specializing in development, real estate investment management and research. Based in Houston, Transwestern has 35 U.S. offices and assists clients through more than 180 offices in 37 countries as part of a strategic alliance with BNP Paribas Real Estate. Experience Extraordinary at transwestern.com and @Transwestern.