Transwestern Negotiates New 34,541-Lease at Reserve at Westchase in Houston

Transwestern Real Estate Services (TRS) announced that Yang Ming Marine Transport Corp. has leased 34,541 square feet at Reserve at Westchase, located at 3250 Briarpark Drive in Houston. According to Transwestern research, this is the largest new deal done in the Westchase submarket since COVID-19 hit. Transwestern’s agency leasing team of executive vice president David Baker and associates Jack Scharnberg and Kristen Baker executed the lease on the heels of closing two new direct deals of 50,000 square feet and 3,500 square feet, as well as the completion of the lobby renovation. JLL’s Don Foster represented the tenant, which was previously located at 3 Sugar Creek Center in Sugar Land. “Despite virtually no property tours being conducted due to social distancing guidance and economic uncertainty, our team had been tracking every expiring tenant across Westchase and West Houston,” said David Baker. “We contacted over 200 tenants and brokers with leases expiring in the next four years to share this incredible Class A office opportunity and economic value.” Reserve at Westchase is a four-story, 194,919-square-foot building in the amenity-rich Westchase submarket. The building was recently renovated and features expansive floorplates that provide space for larger tenants to lease an entire floor with room to grow instead of having to separate their workforce across multiple floors. With an accessible location, park-like setting and abundance of nearby amenities, Reserve at Westchase is one of the best values in West Houston offering 125,000 square feet available for lease.