BREAKING NEWS

Harold Farb Skyscraper Sold

Hotels Sold for $137 Million

High Mortgages Frustrate Buyers

RNR Real Estate Briefs – HOU, AUS, DAL & more

East River Adding Art to the Mix

Major Warehouse Lease Signed

REALTY NEWS REPORT - Logo

Banner
  • Home
  • Categories
    • Breaking News
    • Houston
    • Residential
    • New Development
    • People
    • Office
    • Multi-Family
    • Capital Markets
    • Texas
    • Retail
    • Hospitality
    • Industrial
    • Land
    • Lease Brief
    • Medical
    • National
    • Realty News Report
    • Trades
    • Uncategorized
  • Archive
  • Subscribe
  • The Ralph Bivins Project
  • About
  • Contact
FacebookLinkedinYoutubeEmail
REALTY NEWS REPORT - Logo

Energy Corridor Building Adds Tenants

by Realty News ReportApril 17, 2018
Share0
One Park 10 in Energy Corridor

HOUSTON (Realty News Report) – Transwestern has completed 30,715 SF of new office leases at One Park 10, in the Energy Corridor of west Houston.

Owned by Accesso Partners, the building is a 162,909-SF office building at 16225 Park Ten Place. Transwestern’s Evelyn Ward and Amanda App lease the building.

“Despite a challenged submarket that saw total availability increase past 30 percent during the first quarter, leasing activity for One Park 10 has been strong,” said Ward. “These recent transactions take occupancy over 65 percent, with pending leases pushing the building over 70 percent.”

The Energy Corridor area has suffered in recent years as energy firms have laid off employees and vacated office space.  The Energy Corridor office market has a 25.8 percent availability rate and registered negative net absorption of 187,000 SF in the first quarter, according to Transwestern.

The completed transactions in One Park 10 include:

  • Gulf Island Fabrication Inc. renewed and expanded its current lease of 8,045 SF to 17,156 SF

  • Gateway Gathering and Marketing Co. leased 3,585 SF

  • LJB Inc. leased 3,507 SF

  • Titan Delta leased 3,133 SF

  • PureWay Compliance Inc. leased 2,190 SF

  • PhaseIQ LLC leased 1,144 SF

The building currently has 48,872 SF available for lease. Located just off Interstate 10 near Highway 6, One Park 10 will soon offer updated lobby and elevator finishes and an oversized conference facility.

April 17, 2018 Realty News Report Copyright 2018

 

Share0
previous post
Hurricane Harvey Rebound: Kingwood Apartments Celebrate Re-Opening After $6 Million Upgrade
next post
New 2018 Rankings Out: Strong Showing by Houston, Dallas Firms in Apartment Rankings

Related posts

Harold Farb Skyscraper Sold

Realty News ReportMarch 29, 2023

Hotels Sold for $137 Million

Realty News ReportMarch 29, 2023

High Mortgages Frustrate Buyers

Realty News ReportMarch 27, 2023

Leave a Comment Cancel Reply

Save my name, email, and website in this browser for the next time I comment.

Search News

Partners Ad
CBRE Ad
Arch Con Corporation Ad
Hines Ad
Avera Ad
Ziegler Cooper Ad
Lee & Associates Ad
2021 Realty News Report Ad
Property Logos
RNR - Lincoln Property Company
Hal Gordon - Property Tax Lawyer
Hunington Ad
Evergreen Commercial Realty
STREAM Ad
Hunington Ad

Let's Connect

logo
About US
Author Ralph Bivins is editor of Realty News Report, which covers regional and national news. Bivins recently received the Gold Award for Best Column in the National Association of Real Estate Editors Journalism Competition. Contact us
Follow us
FacebookLinkedinYoutubeEmail
@2022 All Right Reserved. Powered by CGS Digital Marketing
REALTY NEWS REPORT - Logo
FacebookLinkedinYoutubeEmail
  • Home
  • Categories
    • Breaking News
    • Houston
    • Residential
    • New Development
    • People
    • Office
    • Multi-Family
    • Capital Markets
    • Texas
    • Retail
    • Hospitality
    • Industrial
    • Land
    • Lease Brief
    • Medical
    • National
    • Realty News Report
    • Trades
    • Uncategorized
  • Archive
  • Subscribe
  • The Ralph Bivins Project
  • About
  • Contact