Transwestern Negotiates 6,135 SF Lease on Behalf of Building Owner
April 29, 2021
Houston – Transwestern Real Estate Services (TRS) announces it has negotiated a long-term retail lease at Galleria Park with P.F. Chang’s China Bistro. The restaurant is relocating from its location in Highland Village to occupy 6,135 square feet at 5251 Westheimer Road in Houston. Retail Vice President Loch Cook and Nick Hernandez negotiated the lease on behalf of landlord TR Galleria Place Corp.
“P.F. Chang’s has been a popular dining destination since it opened its first restaurant in Houston 24 years ago, and we are proud to lead off retail leasing at Galleria Park with this quality tenant,” said Cook. “The move provides an opportunity for exciting new interior design and a covered patio overlooking the Grand Lawn.”
The one-acre Grand Lawn is a WiFi-enabled greenspace that was added to the Galleria Park corporate campus as part of a $15-million renovation program in 2018. Earlier this month, Transwestern was awarded the 392,000-square-foot leasing assignment for Galleria Park’s two Class A office buildings.
Cook, who also recently represented the landlord of 1911 Bagby St. in Midtown in a lease with James Hardin’s Thirteen Houston restaurant, said, “As the vaccine rolling progresses, P.F. Chang’s and other restaurants are positioning for a strong comeback.”
Jack Breard of Segovia Partners provided tenant representation services on behalf of P.F. Chang’s China Bistro.
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. 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.