FRITSCHE ANDERSON REALTY PARTNERS SECURES 25,300 SF IN TWO INDUSTRIAL LEASES IN WEST HOUSTON
Fritsche Anderson Realty Partners, a leading commercial real estate firm, is pleased to announce the recent signing of two industrial leases totaling 25,300 square feet at 12302 FM 529, located in Houston's West Outer Loop Submarket.
The transactions were successfully handled by Brandon Wuntch and Drew Altmann from Fritsche Anderson Realty Partners, acting on behalf of the landlord in both deals.
STR Marketplace Leases New Office Apace in the Galleria
STR Marketplace has leased space for a new office in the Galleria market in Houston. STR, which builds and operates marketplaces in partnership with sports teams and venues, operates the world’s largest set of websites for seat location transfers. The firm will occupy its new headquarters office at 2000 West Loop South in the Spring of 2024 and was represented by Jim McGonigle and Anthony Fritsche with Fritsche Anderson Realty Partners. Fritsche Anderson is a Houston-based commercial real estate firm specializing in the representation of office and industrial space occupiers in Houston and across the United States.
HamptonRock Expands Houston Presence at 609 Main at Texas
HamptonRock, a leading boutique investment bank and advisory firm specializing in investment banking, transaction advisory and CFO services, has expanded its Texas presence by opening an office in Houston. The firm will occupy its new premises at 600 Main at Texas in the Spring, and was represented in its lease negotiations by Anthony Fritsche with Fritsche Anderson Realty Partners. Fritsche Anderson is a Houston-based commercial real estate firm specializing in the representation of office and industrial space occupiers in Houston and across the United States.
Strategy Engineering & Consulting Renews Office Lease in Houston's Energy Corridor
Strategy Engineering & Consulting renewed its office lease at 1400 Broadfield. Formed in 2009 as a design firm, Strategy has grown to become a leading Engineering, Procurement, Construction, and Management (EPCM) company located in Houston’s Energy Corridor. Strategy was represented by Margaret Ann Cook with Fritsche Anderson Realty Partners. Fritsche Anderson is a Houston-based commercial real estate firm specializing in the representation of office and industrial space occupiers in Houston and across the United States.
The Detering Company Leases 100,000 SF of Warehouse Space
Fritsche Anderson Represents The Detering Company in a 100,000 SF
Warehouse Space Lease in Houston’s North Inner Loop
Northwestern Mutual Renews Lease at One Riverway
Northwestern Mutual renewed its lease for 41,556 SF across two floors at One Riverway in Houston’s Galleria area. The financial services firm was represented by Fritsche Anderson’s Anthony Fritsche & David Anderson.
Engineering Firm Relocates to CityNorth
Engineering firm, Waldemar S. Nelson & Co. Inc., has signed a new 25,937 SF lease at CityNorth 4 (16945 Northchase Drive) in a move from its current location at 2 Northpoint Drive. Fritsche Anderson’s William Wolff represented the tenant in lease negotiations, while Lincoln Property Company’s Kevin Wyatt negotiated on behalf of the landlord.
Legacy Trust Relocates in Downtown Houston
Houston-based trust company, Legacy Trust, relocated to 18,380 SF at Wedge International Tower (1415 Louisiana Street) in Downtown Houston. Fritsche Anderson’s Tommy Wilson represented the tenant in lease negotiations, while Cushman & Wakefield’s Connor Saxe and Vince Strake represented the landlord, 1415 Louisiana, LLC.
2.23 Acre Site Sells
Fritsche Anderson’s Mike Quinn and John Milam represented an undisclosed seller in the sale of a 2.23-acre site at the corner of Pinemont Drive & Mangum Road. Fritsche Anderson Realty Partners is a Houston-based commercial real estate services firm specializing in the representation of office and industrial tenants in Houston and across the United States.
JD Fields & Co. Relocates to Wortham Tower
JD Fields & Co. has signed a new lease for 15,758 SF of office space at Wortham Tower (2727 Allen Parkway). The tenant was represented in lease negotiations by Fritsche Anderson’s David Anderson, while CBRE’s Elliott Hirshfeld represented the landlord.
16,740 SF Industrial Property Trades Hands
Fritsche Anderson’s Brandon Wuntch and Dylan Coleman recently represented the buyer, 1020 West Street Holdings LLC, in the purchase of a 16,740 SF industrial building located at 1020 West Street. Fritsche Anderson Realty Partners is a Houston-based commercial real estate services firm specializing in the representation of office and industrial tenants in Houston and across the United States.
Local Law Firm Renews Lease at Air Liquide Center
Texas trial firm, Marrs Ellis & Hodge, has renewed its lease for 4,268 SF at the Air Liquide building (9811 Katy Freeway). The law firm was represented by Fritsche Anderson’s David Anderson. Warren Alexander negotiated on behalf of the landlord, MetroNational.
New 19,000 SF Lease Signed in Alvin, TX
Rodzina Construction signed a new lease for 19,000 SF at 1111 FM 517 in Alvin, TX. Fritsche Anderson’s Brandon Wuntch & Dylan Coleman negotiated the lease on behalf of the landlord, Lucas Properties. Fritsche Anderson Realty Partners is a Houston-based commercial real estate services firm specializing in the representation of office and industrial tenants in Houston and across the United States.
New 18,700 SF Lease Signed at Flex Property
T Deez Car & Audio LLC recently leased 18,700 SF at 6741 Satsuma Drive. Fritsche Anderson’s Brandon Wuntch and Dylan Coleman represented the landlord, Indwood Holdings LLC, in lease negotiations. Fritsche Anderson Realty Partners is a Houston-based commercial real estate services firm specializing in the representation of office and industrial tenants in Houston and across the United States.
Supply Chain Pains, Houston's Gain
“I’ve never seen anything like this” was how Port Houston’s Executive Director, Roger Guenther, described the current level of increased activity at the port. The figures reflect his observation – the last 8 months have seen double digit growth in activity (a 17% increase from September to October) and 11% year-to-date through 2020.
Cognascents Signs Sublease at Ashford 5
Cognascents Consulting Group signed a 22,340 SF sublease at Ashford 5 (14701 St. Mary’s Lane). The process engineering and solutions firm will relocate from its current location at 1519 Vander Wilt Lane. Fritsche Anderson’s Justin Walker represented the tenant in lease negotiations.
Reagent Chemical Renews at Four Oaks Place
New Jersey-based chemical distribution firm, Reagent Chemical, renewed its 5,808 SF lease at Four Oaks Place (1300 Post Oak Boulevard) in Houston’s Galleria area. Fritsche Anderson’s Anthony Fritsche represented the tenant in lease negotiations.
ETS Telephone Company Takes Space at Columbia Centre
ETS Telephone Company signed a new 6,807 SF lease at Columbia Centre (11011 Richmond Avenue). Fritsche Anderson’s Anthony Fritsche and Dallas-based Site Selection Group’s Sam Pruitt represented the tenant in lease negotiations.
BB Energy Renews at San Felipe Place
Global energy trading firm, BB Energy, recently renewed and expanded its footprint to 6,460 SF at San Felipe Place (2229 San Felipe). Fritsche Anderson’s Tommy Wilson represented BB Energy in lease negotiations.
Fulcrum Technology Solutions Expands/Renews
Fulcrum Technology Solutions renewed and expanded its 6,401 SF lease at 2603 Augusta Drive. Fritsche Anderson’s Margaret Ann Cook represented the tenant in lease negotiations.
UTC Overseas Renews at Northpoint Central
Houston-based logistics firm, UTC Overseas, recently renewed its 13,758 SF lease at Northpoint Central (2 Northpoint Drive) in Greenspoint. Fritsche Anderson’s William Wolff represented the tenant in lease negotiations.
Glass Worx Purchases Industrial Building
Fritsche Anderson’s Winston Wegner & Brandon Wuntch recently represented Glass Worx LLC in the purchase of a 20,407 SF industrial building at 5675 Guhn Road. Fritsche Anderson Realty Partners is a Houston-based commercial real estate services firm specializing in the representation of office and industrial tenants in Houston and across the United States.
Why Hire a Tenant Rep Broker
For the better part of commercial real estate history, landlords and sellers were the only parties in a transaction with representation by a real estate professional. Users of space, like tenants and buyers, went unrepresented in negotiations and often paid a high price.
2020 Who? 2021 – The Year of Industrial & Investment Sales
After a year of despair in 2020 with major commercial markets dead across the US, 2021’s Houston market is looking more like a new version of George Lucas’s 1977 motion picture Star Wars, “A New Hope”.
Gross-Up Provisions in Commercial Leases
Why does my lease have a gross-up provision? Does this mean I’m paying more than my share of operating expenses and the landlord is profiting accordingly?
The concept behind the gross-up is relatively simple but is often misunderstood by tenants and their brokers alike, and when properly structured is an acceptable methodology for the reimbursement of operating expenses within a commercial real estate lease.
EnCap Investments Signs New Lease at Village Towers
EnCap Investments has signed a new lease for 36,460 square feet of office space at Moody National’s Village Towers II (9655 Katy Freeway). The private equity firm was represented by Fritsche Anderson’s David Anderson and JLL’s Matt Trozzo. Fritsche Anderson Realty Partners is a Houston-based commercial real estate services firm specializing in the representation of office and industrial tenants in Houston and across the United States.
MK Personnel Leases Space at 1800 West Loop S
MK Personnel, a Houston-based staffing firm, has signed a new 5,753 square foot lease at 1800 West Loop S in a relocation from its former space at 4801 Woodway. Fritsche Anderson’s Anthony Fritsche represented the tenant in the lease, while Transwestern’s Louann Pereira represented the landlord. Fritsche Anderson Realty Partners is a Houston-based commercial real estate services firm specializing in the representation of office and industrial tenants in Houston and across the United States.
North Houston Office Property Sold
Brazos Plaza, a 71,039 square foot multi-tenant office building at 3303 FM 1960, recently sold for $3.85 million. Fritsche Anderson’s Brandon Wuntch & Winston Wegner negotiated the sale on behalf of the seller, Braxos Plaza LLC and the buyer, Quaternary LLC Series P. Fritsche Anderson Realty Partners is a Houston-based commercial real estate services firm specializing in the representation of office and industrial tenants in Houston and across the United States.
Holt & Young Renews at Memorial City Place
Houston-based law firm, Holt & Young, has renewed its lease for 6,930 SF at Memorial City Place (9821 Katy Freeway). Fritsche Anderson’s David Anderson represented the tenant in lease negotiations. MetroNational’s Warren Alexander represented the landlord, Memorial City Towers, Ltd. Fritsche Anderson Realty Partners is a Houston-based commercial real estate services firm specializing in the representation of office and industrial tenants in Houston and across the United States.
Galloway Johnson Renews at Fulbright Tower
National law firm, Galloway Johnson, recently renewed its lease for 8,389 square feet of office space at Fulbright Tower (1301 McKinney Street) in Downtown Houston. Fritsche Anderson’s William Wolff represented the tenant in lease negotiations, while Transwestern’s Kelli Gault represented the landlord. Fritsche Anderson Realty Partners is a Houston-based commercial real estate services firm specializing in the representation of office and industrial tenants in Houston and across the United States.
Park Row Property Sold
Fritsche Anderson’s Anthony Fritsche & Jason Herbrich negotiated the sale of 1.3 acres at 16920 Park Row. The Park Ten property included a 5,304 square foot single-tenant office building. Fritsche Anderson represented the property seller and Transwestern’s Evelyn Ward & Paula Musa represented the buyer. Fritsche Anderson Realty Partners is a Houston-based commercial real estate services firm specializing in the representation of office and industrial tenants in Houston and across the United States.
Conflicts of Interest & Why They Matter to You
With the advent of on-line market information, the services provided by commercial real estate professionals have fundamentally changed. A commercial tenant representative is now more of a consultant/advisor than a “space finder.”
Houston Office: A Spotlight on Quality
If there was ever a time to throw out the word “bifurcation” in casual conversation, this is it. Houston’s office market has told two compelling, yet starkly different stories over the last few years – one of high vacancies and tenant friendly deal terms as landlords struggle to stay in the game; another of strong competition, rapid absorption and unprecedented rental rates.
The Long Road Ahead
While the current softness of the Houston office market is well documented, some industry experts have suggested we have already reached the “bottom” and things will start improving in 2021. Others feel it will be 2022 or later before the initial signs of recovery become apparent.
DeepTech Solutions Signs New Lease at 16225 Park Ten Place
DeepTech Solutions, a Houston-based oil and gas exploration firm, has signed a new lease for 4,804 square feet of office space at 16225 Park Ten Place. Fritsche Anderson’s Margaret Ann Cook represented the tenant on the lease, and Evelyn Ward of Transwestern represented the landlord. Fritsche Anderson Realty Partners is a Houston-based commercial real estate services firm specializing in the representation of office and industrial tenants in Houston and across the United States.
Sawyer Heights Industrial Property Sold
Massey Art Park purchased a 5,000 square feet industrial warehouse facility at 2012-2016 Center Street in Sawyer Heights. The property, which includes 20,000 square feet of land, sold for $1.7 million. Brandon Wuntch with Fritsche Anderson Realty Partners represented the tenant in the purchase. Beth Wolff Realtor’s Ed Wolff represented the seller. Fritsche Anderson Realty Partners is a Houston-based commercial real estate services firm specializing in the representation of office and industrial tenants in Houston and across the United States.
Law Firm Renews Lease at 9703 Richmond Avenue
Howard L. Nations P.C. has renewed its lease for 11,745 square feet of office space at 9703 Richmond in Houston. The law firm was represented by Fritsche Anderson’s Tommy Wilson, while Keen Realty’s Angie Pounders represented the landlord in the negotiations. Fritsche Anderson Realty Partners is a Houston-based commercial real estate services firm specializing in the representation of office and industrial tenants in Houston and across the United States.
Infosys Leases Space at CityCentre Two
Infosys Limited has signed a lease for 25,770 square feet of office space at CityCentre Two in Houston. The multinational technology company was represented by Fritsche Anderson’s Tommy Wilson and Jay Cliburn. Fritsche Anderson Realty Partners is a Houston-based commercial real estate services firm specializing in the representation of office and industrial tenants in Houston and across the United States.
3.1 AC Industrial Property Sold
Fritsche Anderson’s Brandon Wuntch & Winston Wegner negotiated the sale of 3.10 acres at 6741 Satsuma Drive in Houston. The property, purchased by Inwood Holdings LLC, included an industrial warehouse of 31,700 square in size. Fritsche Anderson represented the property seller and JLL represented the buyer. Fritsche Anderson Realty Partners is a Houston-based commercial real estate services firm specializing in the representation of office and industrial tenants in Houston and across the United States.
Operating Expenses: What You Should Know
For the first time in half a decade, Operating Expenses are on the decline.
Great news for tenants, right? It depends…
COVID-19: Positive Side Effect
All Houstonians were forced to adapt to a new normal in 2020 that changed nearly every aspect of life from work happy hours to buying groceries.
Is there light at the end of the tunnel? We'd like to think so.
2020 took many of us for a wild ride. Both a pandemic and a pivotal presidential election created a stressful environment as we moved our offices from boardrooms to bedrooms.
It Only Takes One. A Reason to Stay Positive.
There is no arguing that we are all facing challenging times. Companies in Houston are not only dealing with COVID-19, but also the effects of historically low oil prices. These two factors are causing many office tenants to search for a solution disposing of excess space.
Houston, How Bad is our Problem?
As the saying goes, misery loves company!
To say the last several months have been tough for the Houston office market would be the understatement of this year we are all coming to love and know all too well.
Rimkus Consulting Group Signs Sublease at 12140 Wickchester
In one of the largest Houston transactions of 2020, Rimkus Consulting Group, a Houston based forensic engineering firm, will relocate its office headquarters to 12140 Wickchester in Houston’s Energy Corridor in Q4 2020. Anthony Fritsche with Fritsche Anderson Realty Partners represented Rimkus in the transaction, while CBRE handled negotiations on behalf of the sublandlord, Linde Engineering. Rimkus will vacate approximately 40,000 square feet at 8 Greenway and will occupy two floors at its new Wickchester location, which will be home to roughly 140 employees.
Stallion Oilfield Services Renews at 950 Corbindale
Stallion Oilfield Services has renewed its lease for 30,569 SF of office space at 950 Corbindale Road. The Texas-based equipment rentals and energy services firm was represented by David Anderson with Fritsche Anderson Realty Partners, while Richard Plessala represented the landlord in the lease negotiations. Fritsche Anderson Realty Partners is a Houston-based commercial real estate services firm specializing in the representation of office and industrial tenants in Houston and across the United States.
B&J Wholesale Leases Industrial Property in Northwest Houston
Oilfield equipment supplier, B&J Wholesale, leased a 29,156 SF industrial property at 11997 FM 529 in Northwest Houston. Fritsche Anderson’s Justin Walker represented the tenant, while Michael Farris represented the landlord in the transaction. Fritsche Anderson Realty Partners is a Houston-based commercial real estate services firm specializing in the representation of office and industrial tenants in Houston and across the United States.
i.e. Smart Systems Purchases Facility in North Houston
i.e. Smart Systems purchased a 28,296 SF industrial warehouse facility at 23219 W Hardy Road in Spring, TX. The locally based technology infrastructure company will relocate from their current location at 15200 E Hardy Road. Margaret Ann Cook and Jason Herbrich with Fritsche Anderson Realty Partners represented the tenant in the purchase. Cypressbrook Company’s Greg Usher represented the seller. Fritsche Anderson Realty Partners is a Houston-based commercial real estate services firm specializing in the representation of office and industrial tenants in Houston and across the United States.
Another Law Firm Moving Houston Office to 609 Main
McGinnis Lochridge is the latest law firm to announce it will move its local office into 609 Main at Texas, a downtown office tower that Houston-based developer Hines opened in 2017. The firm's Houston office currently is at 711 Louisiana St., suite 1600. The move will be official Sept. 4, and McGinnis Lochridge will occupy 14,000 square feet at 609 Main St., suite 2800, according to a press release. Anthony Fritsche with Fritsche Anderson Realty Partners and HPI Tenant Advisors represented McGinnis Lochridge in the new lease, per the release. Houston-based Tramonte Design Studio designed the new office. Michael Anderson and Damon Thames of Colvill Office Properties handle leasing for 609 Main, according to the building's website.
Please read full article here.
Corporate Outfitters Relocates to 9011 S Sam Houston Parkway W
Corporate Outfitters, a Houston-based office furniture supplier, has signed a new lease for 18,870 SF of showroom, office and warehouse space at 9011 S Sam Houston Parkway West. Fritsche Anderson’s Brett Blanchard represented the tenant on the lease. Alexander Reilly and Bo Pettit of Boyd Commercial represented the landlord. Fritsche Anderson Realty Partners is a Houston-based commercial real estate services firm specializing in the representation of office and industrial tenants in Houston and across the United States.
Aker BioMarine Expands to Silber Road Warehouse
Aker BioMarine signed a new lease for 67,485 SF of climate-controlled warehouse space at 1170 Silber Rd in Northwest Houston. The Norway-based company is a leader in the biotech industry specializing in harvesting and production of krill products. Aker BioMarine’s operational efficiency will improve by moving most of their storage requirements to this off-site location. John Milam and Sam Pouns with Fritsche Anderson Realty Partners represented Aker BioMarine and John Kruse with Holt Lunsford handled negotiations for the landlord. Fritsche Anderson Realty Partners is a Houston-based commercial real estate services firm specializing in the representation of office and industrial tenants in Houston and across the United States.
VES Expands in Northwest Houston
Veterans Evaluation Services, Inc. (“VES”) a privately held company that provides medical evaluation services for the Veterans Benefit Administration, extended its lease 75,722 RSF and expanded by another floor of 18,583 RSF for a total of 94,305 RSF taking floors 6-10 in 2707 North Loop West in Houston, TX. The building is owned by Fuller Realty Partners. A key component of the transaction was that the landlord has agreed to construct a new parking garage to address VES’s parking requirements on site directly adjacent to the building. William Wolff of Fritsche Anderson Realty Partners represented VES and Stewart Smith and Aaron Anders of Fuller Realty Partners represented the Landlord. Fritsche Anderson Realty Partners is a Houston-based commercial real estate services firm specializing in the representation of office and industrial tenants in Houston and across the United States.
EIV Capital Inks New Lease in Downtown Houston
EIV Capital has signed a new lease for 10,023 square feet of office space at 910 Louisiana in Downtown Houston. The private equity firm, specializing in the energy industry, was represented by Fritsche Anderson’s Jay Cliburn, Andrew Brod and Tommy Wilson. Fritsche Anderson Realty Partners is a Houston-based commercial real estate services firm specializing in the representation of office and industrial tenants in Houston and across the United States.
ICON Clinical Relocates to Sugar Land
ICON Clinical has signed a new lease for 10,099 square feet of office space at 2150 Town Square Place in Sugar Land. ICON, a global provider of services to the pharmaceutical, biotechnology, and medical device industries, will relocate from 13131 Dairy Ashford. Their new location is at the heartbeat of Sugar Land, part of a new mixed-use development home to restaurants, entertainment, City Hall and high-end residential. ICON was represented by Anthony Fritsche and Sam Pouns of Fritsche Anderson Realty Partners in Houston. Don Janssen handled lease negotiations on behalf of the landlord, Planned Community Developers. Fritsche Anderson Realty Partners is a Houston-based commercial real estate services firm specializing in the representation of office and industrial tenants in Houston and across the United States.
SWA Group Relocates to Downtown Houston
SWA Group, a landscape architecture, urban design and planning firm with a network of eight studios worldwide, will relocate to Downtown Houston in 2019 after signing a lease for 11,341 square feet on the 6th floor of The Jones on Main owned by Lionstone Investments and The Midway Company. The new location is in the hub of downtown Houston and will provide a dramatic strengthening of SWA’s commitment to creating urban spaces across the United States. A key amenity provided by the new space is the opportunity for SWA to create an outdoor terrace that would give employees a green respite in the heart of the city. Bill Wolff with Fritsche Anderson Realty Partners represented SWA, and Connor Saxe, Damon Thames and Vince Strake with Colvill Office Properties handled the negotiations on behalf of Lionstone. According to Kinder Baumgardner, SWA’s managing principal, “we wanted to change how we worked, upgrade our culture, improve our social interaction and truly become part of the Houston scene; we believe our new location will help us achieve those goals.” Fritsche Anderson Realty Partners is a Houston-based commercial real estate services firm specializing in the representation of office and industrial tenants in Houston and across the United States.
The Doan Law Firm Expands at 1 Riverway
The Doan Law Firm has expanded its leased premises at 1 Riverway in the Galleria. The law firm will occupy 8,400 square feet in the building. Fritsche Anderson’s Brett Blanchard represented Jimmy Doan, the firm’s principal, on the lease. CBRE’s Parker Duffie handled negotiations on behalf of the landlord. Fritsche Anderson Realty Partners is a Houston-based commercial real estate services firm specializing in the representation of office and industrial tenants in Houston and across the United States.
Partners in Building Expands in Northwest Houston
Partners in Building has renewed and expanded its footprint at 2901 W Sam Houston Parkway N in Northwest Houston. The custom home builders were represented by Anthony Fritsche of Fritsche Anderson Realty Partners, and Jon Spears with TNRG handled negotiations on behalf of the building owner. Fritsche Anderson Realty Partners is a Houston-based commercial real estate services firm specializing in the representation of office and industrial tenants in Houston and across the United States.
Houston Mechatronics Expands in Clear Lake
Houston Mechatronics has expanded its leased premises at 17146 Feathercraft Lane in Clear Lake. The cutting-edge technology company was represented by Fritsche Anderson’s Jason Herbrich and Anthony Fritsche. Derek Beck of The Beck Group handled negotiations on behalf of the landlord, Tiberius Nero, Ltd. Fritsche Anderson Realty Partners is a Houston-based commercial real estate services firm specializing in the representation of office and industrial tenants in Houston and across the United States.
Colony HB2 Energy Inks New Lease in Midtown
Colony HB2 Energy (formerly Haloroc Technologies) has signed a new lease for its Houston headquarters at 2777 Allen Parkway in Midtown Houston. The long-term lease for the majority of the 6th floor will help support Colony HB2’s growth plans for years to come. David Anderson of Fritsche Anderson Realty Partners represented HB2 in the lease, and Elliott Hirschfeld with CBRE represented the building owner. Fritsche Anderson Realty Partners is a Houston-based commercial real estate services firm specializing in the representation of office and industrial tenants in Houston and across the United States.
Talos Energy Relocates to Larger Space in Allen Center
Talos Energy has leased 98,000 square feet in Three Allen Center for relocation of its headquarters from One Allen Center. Brookfield Property Partners' Three Allen Center, at 333 Clay downtown, is now 94 percent leased. "Talos Energy's core founders have started and operated successful Exploration and Production companies out of the Allen Center Complex for more than 17 years," Talos Energy senior vice president and chief financial officer Michael Harding said in an announcement. "It feels good to know that we have secured space with room to grow." Brett Blanchard and David Anderson of Fritsche Anderson Realty Partners represented the tenant. JLL's Bubba Harkins, John Pruitt and Jessica Ochoa represented the landlord along with Clint Bawcom of Brookfield. "The recent completion of the initial phase of the reimagining of Allen Center is attracting some of Houston's top companies and their employees to relocate to our property or expand their current footprint," said Travis Overall, executive vice president and head of Brookfield's Texas region.
Hurricane Harvey Sped Up Northwestern Mutual's Move
Northwestern Mutual fast-tracked its plans for a downtown office after Hurricane Harvey disrupted operations at its main Houston office near the Galleria.
The Milwaukee-based financial services firm has moved into the 31st floor of the Kinder Morgan building at 1001 Louisiana. The new office, totaling nearly 4,200 square feet, establishes a base for serving clients in the downtown and Texas Medical Center areas. It also provides overflow offices for financial advisers at One Riverway, which is operational but still being restored.
Read the full article here.
Wealth Management Co. Expands Recently in Renovated Downtown Tower
In a move that's indicative of Houston tenants' demand for high-quality office space, a wealth management company plans to vacate its un-renovated space at 1801 Smith Street and move into more than 20,000 square feet of newly upgraded space in the same building.
Houston-based Legacy Trust Co. will relocate to 21,605 square feet on the the 18th floor of 1801 Smith Street, which was formerly known as 600 Jefferson and rebranded as part of Stream Realty's multimillion-dollar renovation of the building. The company is currently in un-renovated space on the third floor. It's expanding by a few hundred square feet and will relocate to the 18th floor in January 2018.
Read the full article, here.
Legacy Trust Renews at 600 Jefferson
Legacy Trust Company, N.A. has executed a long term lease within their existing address at 600 Jefferson. A tenant of 30+ years in the building, the full service trust company with over $3 billion in assets under administration will move from the Third Floor to brand new space on the Nineteenth Floor. Legacy Trust was represented by David Anderson and Jay Cliburn of Fritsche Anderson Realty Partners, and Richard Barbles and Craig McKenna handled lease negotiations on behalf of Stream Realty Partners. Fritsche Anderson Realty Partners is a Houston-based commercial real estate services firm specializing in the representation of office and industrial tenants in Houston and across the United States.
Diamond McCarthy Relocates Within 2 Houston Center
Diamond McCarthy has relocated to a full floor within their existing address at 2 Houston Center. A tenant of 16 years in the building, the national litigation firm will move from the 15th Floor to new space in the upper elevator bank designed by Gensler Architects. Diamond McCarthy was represented by Anthony Fritsche of Fritsche Anderson Realty Partners, and Debbie Wilson handled lease negotiations on behalf of Crescent Real Estate. Fritsche Anderson Realty Partners is a Houston-based commercial real estate services firm specializing in the representation of office and industrial tenants in Houston and across the United States.
ABM Will Relocate to Sugar Creek on the Lake
ABM has signed a lease for approximately 63,000 square feet of office space at 14141 Southwest Freeway. ABM, the leading provider of facility solutions, chose the property due to its high parking ratio of 7.0:1,000 parking and top-of-building signage facing the Southwest Freeway. ABM was represented by David Anderson and Anthony Fritsche of Fritsche Anderson Realty Partners. Michael Sieger and Brad Sinclair with PM Realty Group handled the negotiations on behalf of the landlord. Fritsche Anderson Realty Partners is a Houston-based commercial real estate services firm specializing in the representation of office and industrial tenants in Houston and across the United States.
Goodman Renews at Stonehollow A
Goodman Manufacturing Company, L.P. renewed its distribution warehouse lease for 33,900 square feet at Stonehollow A located at 11700 Stonehollow Drive in Austin, Texas. Goodman, a member of the Daikin group, designs, engineers and manufactures residential air conditioning and heating products. Anthony Fritsche of Fritsche Anderson Realty Partners and Leigh Ellis of AQUILA Commercial represented Goodman and Jordan Walker and Andy Thomas with HPI represented the landlord. Fritsche Anderson Realty Partners is a Houston-based commercial real estate services firm specializing in the representation of office and industrial tenants in Houston and across the United States.
Link Staffing Renews at 1800 Bering
Link Staffing renewed nearly 14,000 square feet at 1800 Bering in the Galleria submarket. The staffing firm was represented by Brett Blanchard with Fritsche Anderson Realty Partners. Ryan Bishop of Stream Realty Partners handled negotiations for the landlord. Fritsche Anderson Realty Partners is a Houston-based commercial real estate services firm specializing in the representation of office and industrial tenants in Houston and across the United States.
Ameriprise Renews at Greenway Plaza
Ameriprise Financial has signed a 12,000 square foot lease renewal at 11 Greenway Plaza in the Greenway Plaza submarket. The leading financial planning and advisory firm was represented by Mike Quinn with Fritsche Anderson Realty Partners. Bubba Harkins with Cousins Properties handled negotiations for the landlord. Fritsche Anderson Realty Partners is a Houston-based commercial real estate services firm specializing in the representation of office and industrial tenants in Houston and across the United States.
Galloway Johnson Stays at Fulbright Tower
Galloway, Johnson, Thompkins, Burr and Smith (GJTBS) renewed nearly 13,000 square feet at 1301 McKinney. A client since 2001, the Houston attorneys were represented by Bill Wolff with Fritsche Anderson Realty Partners. CB Richard Ellis handled negotiations for the landlord. Fritsche Anderson Realty Partners is a Houston-based commercial real estate services firm specializing in the representation of office and industrial tenants in Houston and across the United States.
Astra Oil Relocates to San Felipe Plaza
Astra Oil Company LLC has relocated into approximately 10,000 square feet of office space at 5847 San Felipe. The global energy trading group relocated from 5718 Westheimer to provide additional space and flexibility for the growth of their Houston office presence. Astra Oil was represented by Tommy Wilson of Fritsche Anderson Realty Partners. Brad Beasley and Clark Thompson with Colvill Office Properties handled the negotiations on behalf of the landlord. Fritsche Anderson Realty Partners is a Houston-based commercial real estate services firm specializing in the representation of office and industrial tenants in Houston and across the United States.
HealthHelp Expands at 5959 Corporate Drive
HealthHelp has signed a lease extension and expansion for nearly 21,000 square feet of office space at 5959 Corporate Drive in Houston. The healthcare management company was represented by Sam Pouns and and Anthony Fritsche with Fritsche Anderson Realty Partners. Elliott Hirshfeld with CB Richard Ellis handled negotiations for the landlord. Fritsche Anderson Realty Partners is a Houston-based commercial real estate services firm specializing in the representation of office and industrial tenants in Houston and across the United States.
University Lands Moves Into CityCentre 5
University Lands, an office of The University of Texas System, has signed a lease for approximately 13,000 square feet at CityCentre 5. New to Houston, University Lands is responsible for managing the Permanent University Fund lands and the Trust Minerals. University Lands was represented by Tommy Wilson of Fritsche Anderson Realty Partners. Marilyn Guion and Connor Saxe with Colvill Office Properties handled the negotiations on behalf of the landlord. Fritsche Anderson Realty Partners is a Houston-based commercial real estate services firm specializing in the representation of office and industrial tenants in Houston and across the United States.
Top-Co Relocates to Fairbanks 8 Business Park
Top-Co Cementing Products, Inc. has relocated into approximately 65,000 SF of industrial space at 7330 North Sam Houston Parkway West. The multinational corporation, specializing in the design and manufacturing of casing equipment, was previously in three locations and the new space provides the firm the opportunity to consolidate and operate at one location. Top-Co was represented by David Anderson of Fritsche Anderson Realty Partners, and Will Hedges with DCT Industrial Trust represented the owner. Fritsche Anderson Realty Partners is a Houston-based commercial real estate services firm specializing in the representation of office and industrial tenants in Houston and across the United States.
HealthHelp to Relocate to Greenspoint
HealthHelp, an industry leader in educative and collaborative healthcare management, has signed a lease for two floors of office space at Four Greenspoint Place and will relocate its corporate headquarters to the building in the Spring of 2015. The firm will relocate from 654 North Sam Houston Parkway into approximately 40,000 square feet of space formerly occupied by ExxonMobil. HealthHelp was represented by Sam Pouns and Anthony Fritsche with Fritsche Anderson Realty Partners, and Damon Thames and Chip Colvill with Colvill Office Properties represented the building owner. Fritsche Anderson Realty Partners is a Houston-based commercial real estate services firm specializing in the representation of office and industrial tenants in Houston and across the United States.
Nortex Relocates to 3009 Post Oak
Nortex Corporation will relocate its corporate headquarters to 3009 Post Oak from 1415 Louisiana in the first quarter of 2015. Nortex is an oil and gas exploration and development firm with over 2,000 domestic producing properties, primarily in Texas, New Mexico, Oklahoma and Louisiana. The firm, which will leave its long time headquarters in downtown Houston for space in the newly constructed (2013) property in the Galleria market, was represented by Anthony Fritsche and Albert Spiers with Fritsche Anderson Realty Partners. Rich Pancioli with CBRE handled negotiations for the landlord. Fritsche Anderson Realty Partners is a Houston-based commercial real estate services firm specializing in the representation of office and industrial tenants in Houston and across the United States.
Eaton Corporation Disposes of Two Floors at 600 Travis
Eaton Corporation (NYSE: ETN) has sublet two floors of office space to Indigo Minerals at 600 Travis Street in downtown Houston. The space is a portion of the former world headquarters of Cooper Industries, a global manufacturer of electrical products and solutions which was acquired by Eaton in 2012. Eaton, a power management company with more than 103,000 employees and customers in more than 175 countries, was represented in the sublease by Anthony Fritsche and David Anderson with Fritsche Anderson Realty Partners. Fritsche Anderson Realty Partners is a Houston-based commercial real estate services firm specializing in the representation of office and industrial tenants in Houston and across the United States.
HFG Moves into New Woodlands Development
HFG Wealth Management has signed a lease for space at Two Hughes Landing, 1790 Hughes Landing Boulevard, in the Woodlands, Texas. HFG, an independent, comprehensive financial planning and wealth advisory firm, was represented by Sam Pouns and David Anderson with Fritsche Anderson Realty Partners. Norm Munoz with Colliers International handled negotiations for the landlord. Fritsche Anderson Realty Partners is a Houston-based commercial real estate services firm specializing in the representation of office and industrial tenants in Houston and across the United States.
KIK Expands Houston Presence
KIK Custom Products has signed a new lease for roughly 63,000 square feet of industrial space at 530 Portwall in Houston. In addition to manufacturing an extensive range of bleach and household cleaning products for the private label programs of some of North America's leading retailers, KIK manufactures and markets a number of its own brands to meet the specific needs of small to medium-sized retailers, institutions and consumers. Brett Blanchard with Fritsche Anderson Realty Partners represented KIK in its lease negotiations. Fritsche Anderson Realty Partners is a Houston-based commercial real estate services firm specializing in the representation of office and industrial tenants in Houston and across the United States.
HOK Architects Relocates Houston Headquarters
HOK Architects has signed a long term lease to relocate its Houston headquarters to 3200 Southwest Freeway from 2800 Post Oak Boulevard. HOK, a global design, architecture, engineering and planning firm, was a long time tenant at Williams Tower prior to making the move to the Greenway area, where it will occupy roughly 40,000 square feet on two floors in January 2015. HOK was represented in the transaction by Anthony Fritsche and Jay Cliburn of Fritsche Anderson Realty Partners, and JP Hutcheson and Eric Siegrist with Cassidy Turley handled negotiations for the landlord, Parkway Properties. Fritsche Anderson Realty Partners is a Houston-based commercial real estate services firm specializing in the representation of office and industrial tenants in Houston and across the United States.