CBRE to Lease Redeveloped Houston Office Towers

By Timea Papp

Park Towers in Houston

TPMC Realty Corp. awarded CBRE the exclusive leasing assignment of Park Towers North and South, two Class A office towers in Houston’s Galleria submarket. Encompassing 545,242 square feet of office space, the buildings recently underwent an extensive modernization program.

Senior Vice President Warren Savery and First Vice President Jason Presley of CBRE’s Advisory and Transaction Services Investor Leasing team will oversee leasing efforts on behalf of the landlord. Located at 1233 and 1333 W. Loop South, Park Towers North and South have approximately 350,000 square feet available, including two blocks totaling more than 100,000 square feet each. Completed in 1972 and 1973, the assets are LEED Gold certified and ENERGY STAR rated.

“Park Towers provides an exceptional leasing opportunity for tenants who are interested in a fully redeveloped Class A office environment that is close to quality amenities such as Uptown Park Shopping Center and Memorial Park, with the best access from the Galleria area to I-10 and Highway 290,” said Savery, in prepared remarks.

$16 million makeover

TPMC Realty completed an approximately $16 million redevelopment project of Park Towers in 2016. The upgrades, spearheaded by Ziegler Cooper Architects, extend to all tenant common areas, including elevator banks, corridors and restrooms, as well as the concierge-style lobby of each building. Additionally, the fitness facility and conference center also underwent expansive renovations.

“Park Towers has reinvented the Houston office environment by providing a 360-degree, high-end suite of amenities, which fulfill tenants’ needs and enhance their overall daily work experience,” said Steven Seltzer, COO & executive vice president of TPMC Realty.

Image courtesy of Park Towers