HOUSTON –Behringer Harvard REIT I will develop a 12-story office tower in Houston’s Westchase District.
The 332,000-sf building, Two BriarLake Plaza, will be constructed on a 1.5-acre site at the corner of W. Sam Houston Parkway and Briar Forest Drive.
Half the space has been preleased to Samsung Engineering America for its North American headquarters.
Samsung Engineering America Inc. was represented in this transaction by Lucian Bukowski and Garrold Parratt of Jones Lang LaSalle. Behringer Harvard REIT I was represented by Brian McMackin and Clint Bawcom of Cassidy Turley. HPT Management Services, LLC will manage the new office property, and Cassidy Turley will provide leasing services.
Behringer Harvard REIT I acquired the adjacent One BriarLake Plaza in September 2008. One BriarLake Plaza comprises 502,410 rentable square feet of office space built on a 9.3-acre site. One BriarLake Plaza is 100 percent leased to tenants including Apache Corporation, Samsung Engineering America, Microsoft, PetroChina and Zurich Insurance.