HOUSTON – (Realty News Report) – Stockdale Capital Partners has signed leases with three new office tenants and renewed a fourth totaling approximately 106,000 SF at 20 Greenway Plaza in Houston.
The new tenants include solar asset management and service firm SunStrong Management, which will occupy 18,280 SF on the 5th floor; national integrated design services firm CannonDesign, which will occupy 9,897 SF on the building’s 5th floor; and skills management software company Kahuna Workplace Solutions, which will lease 6,687 SF on the 8th floor of the building.
In a separate transaction, Stockdale renewed the 70,914-SF lease with Bank of America that will continue to occupy portions of the 7th and 9th floors at the property.
“These new tenants, along with Bank of America’s lease renewal continue to demonstrate the unique, well-located, and highly amenitized workplace environment the project provides to the region’s top tenants,” said Leo Divinsky, managing director at Stockdale Capital Partners, a Los Angeles-based real estate private equity firm that has owned the Class A building since 2019.
20 Greenway Plaza is a 433,132-SF office building is distinguished by its stair-stepped architecture and black reflective glass. The 10-story tower had been called the “Koch Building” and the “Innova Building” years ago.
Called a “creative office building” at one time, 20 Greenway was originally designed by Cambridge Seven Associates, which was reportedly inspired by the Cesar Pelli-designed Pacific Design Center in California.
Located at the northwest corner of Norfolk and Cummins Streets, the property is within walking distance of numerous dining, shopping and entertainment options.
Recognized as one of Houston’s most tech-forward office buildings, 20 Greenway Plaza features large floor plates, redundant power feeds, back-up generators, raised flooring opportunities and EV charging stations.
The Ziegler Cooper architecture firm designed an extensive upgrade to the building including renovation to the main lobby and other public spaces. The property is leased to a diverse roster of tenants that include Koch, Pilot Flying J, Mercuria, TP ICAP, Affiliated Engineers and Bridgeway Capital Management.
Houston’s office market continues to post positive absorption driven largely by a flight to quality from tenants seeking space in trophy assets like 20 Greenway Plaza, according to CBRE’s Third Quarter Office Report. The city’s overall vacancy rate declined to 24.5 % in the third quarter, CBRE reported.
“These leases underscore Stockdale’s commitment to delivering specialized, premium office space and exceptional value, which continues to attract top-tier businesses seeking an optimal environment for their operations,” said Steve Rocher who along with Rima Soroka of CBRE, represented Stockdale in the lease transactions.
Bank of America was represented by David Bale and Cody Little of JLL. CannonDesign was represented by Abby Alford of Stream Realty. Kahuna Workplace Solutions was represented by Dustin Devine of Avison Young. Alvarez & Marsal advised SunStrong Management in its lease negotiations.
Stockdale acquired the building, which is south of Richmond Avenue and east of Weslayan, from Principal Real Estate Investors in 2019 in a deal involving Danny Miller, Trent Agnew and Wally Reid, who were with HFF at the time.
The office building was built in 1984 by Century Development in partnership with Mischer Corp.
Century, led by Kenneth Schnitzer, developed Greenway Plaza after putting together a massive property assemblage that included hundreds of single-family homes over 50 years ago. The Post-War housing was demolished and a mixed-use development arose. Greenway Plaza’s ownership has evolved and splintered, but a 50-acre project with over 4 million SF of office space, near Buffalo Speedway, and Richmond Avenue.
In 2024, the Camden Property Trust multifamily firm announced it was leaving Greenway Plaza – Camden’s headquarters building was at the corner of Buffalo Speedway and the Southwest Freeway – to occupy 104,000 SF in the Williams Tower adjacent to the Galleria.
Jan. 6, 2026 Realty News Report Copyright 2026
Image courtesy CBRE
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