HOUSTON – (Realty News Report) – Common Desk, a Dallas-based coworking firm, has leased 29,093 SF of office space in 3040 Post Oak Boulevard, a Class A office building located just south of the Waterwall Park and the Galleria.
Stream Realty Partners a national real estate services, development, and investment company, represented the landlord, MetLife Investment Management. The addition of Common Desk takes the building to 90 percent leased.
“Common Desk is thrilled to work with an elite institution like MetLife Investment Management for 3040 Post Oak. We’ve enjoyed having the opportunity to join forces with Stream alongside another institutional owner in Dallas, and we’re excited to work closely with them again in Houston,” said Dawson Williams, Head of Real Estate at Common Desk.
Within 18 months of being awarded the leasing and management of 3040 Post Oak, Stream has executed a total of 132,906 SF of leases or agreements on behalf of MetLife Investment Management and the firm’s clients.
Stream’s Ryan Barbles and Mathew Volz represented the owner and Common Desk represented themselves in the transaction.
“MetLife Investment Management truly understands how to get buildings leased in a competitive market, and as a result, we’ve been able to bring this building to full occupancy in a very short time frame,” said Volz, Vice President at Stream.
The building is part of the Lake on Post Oak, a four-acre office park developed by Hines, as a follow-up to the nearby Galleria, a landmark development created early in the career of master developer Gerald D. Hines. The 3040 Post Oak tower is a 22-story, 426,009-SF office building located off Hidalgo Street and Post Oak Boulevard, just west of Loop 610.
Dec. 20, 2019 Realty News Report Copyright 2019
Read The New Book by Ralph Bivins, Editor of Realty News Report
Houston 2020: America’s Boom Town – An Extreme Close Up
Available on Amazon http://tiny.cc/4a2g6y
