Category: News

Ware Malcomb announces construction is complete on DECISIO Health’s corporate headquarters in Houston

Posted on by Mia Goulart

Ware Malcomb, an award-winning international design firm, announced that construction is complete on DECISIO Health, located at 520 Post Oak Blvd. Suite 600, in Houston. Ware Malcomb provided interior architecture and design and branding services for the 15,000-square-foot interior office renovation. 

DECISIO Health is a Houston-based digital health company with a configurable clinical decision support platform designed to aggregate data from electronic health records, in-room medical devices such as monitors and ventilators, and other sources of patient data to present relevant clinical data of the patients’ condition in a set of configurable dashboards.

DECISIO Health, relocated to a new office space designed to enhance employee collaboration and create a thoughtfully designed work environment. The new office space, strategically selected for its suitability and capacity to accommodate DECISIO’s growing team, reflects the company’s commitment to fostering an energized and collaborative work environment. The office design seamlessly combines functional spaces with elements that evoke a techy, fun, speakeasy feel. A neutral, darker color palette paired with ample natural daylight and a variety of textures was chosen to create an engaging space custom designed to align with their company culture.  

Ware Malcomb collaborated closely with DECISIO to bring their new office to life. The team addressed the unique challenges of the project, which included the need for a variety of different workspaces, flexible use of square footage, and a high level of acoustic privacy through the use of multiple types of workstations, multi-use space and high performance acoustic materials.  

Notably, Ware Malcomb’s in house Branding Studio played a pivotal role in the successful outcome of the project by providing custom branded graphics for key spaces within the office. By interpreting the essence of DECISIO’s brand and integrating it throughout the space, the team successfully captured the company’s identity and values.  

Ware Malcomb worked closely on the project with the building owner/developer, Griffin Partners. Headquartered in Houston, Griffin Partners is a commercial real estate investment, development, and property management firm that owns and operates properties throughout Texas, Colorado, Arizona, Utah, Tennessee, and North Carolina. General contracting services for the project were provided by Crest Builders. The tenant was represented by Edward Edson with Colliers and the building was represented by Jill Nesloney with Lee & Associates.  

$255 million credit facility arranged for single-family rental portfolio located across Texas

Posted on by Mia Goulart

JLL Capital Markets has arranged a $255 million credit facility for single-family rental homes located across Texas. Upon close, the facility refinanced an initial portfolio of homes in Houston, Dallas-Fort Worth, San Antonio and Bryan/College Station.

JLL worked on behalf of the borrower, Camillo Properties Ltd. doing business as SimplyHome, to secure the bridge facility through Churchill Real Estate, a vertically integrated real estate investment firm with $6 billion outstanding across more than 60 facilities in its lender finance business as of Q2 2023. SimplyHome is one of the largest private owners of purpose-built SFR in the country, and since inception, SimplyHome has scaled its holdings into 10,000 SFR homes across 100 different neighborhoods.

The JLL Capital Markets Debt Advisory team representing the borrower was led by Senior Managing Director Colby Mueck, Managing Director Matthew Putterman, Director Laura Brown and Analyst Davis Burnett.

Chris Lewis named Most Admired CEO by the Houston Business Journal

Posted on by Mia Goulart

Chris Lewis, managing principal at Lee & Associates, Houston, has been honored with the 2023 Houston Business Journal (HBJ) Most Admired CEO Award. This recognition highlights Lewis’ exceptional leadership and his significant contributions to the Houston business community.

The HBJ Most Admired CEO Award is a highly esteemed accolade that recognizes outstanding CEOs who have demonstrated exemplary leadership, innovation, and success in their respective industries. Lewis’ dedication to excellence and his commitment to driving growth and success for Lee & Associates, Houston have earned him this well-deserved recognition.

Forty-nine CEOs were chosen by members of the HBJ staff for their career achievements and leadership skills. The honorees will be recognized in a special section of the HBJ’s August 25 weekly edition and at an awards luncheon on Thursday, August 24, at the Marriott Marquis Houston.

West Houston office building undergoes multi-million-dollar reno; sees flurry of leasing activity

Posted on by Mia Goulart

Stream Realty Partners has leased more than 74,000 square feet at a West Houston office building as ownership announces a multi-million-dollar capital improvement project.

Eldridge Oaks, located at 1080 Eldridge Parkway and adjacent to Terry Hershey Park in the highly desirable Energy Corridor, is owned by national real estate investment firm, Broadshore Capital Partners, on behalf of its clients.

Broadshore worked with Stream Houston, IA Interior Architects, and OJB to reimagine the building’s identity and create an environment focused on the health and wellness of its occupants. Stream, a national commercial real estate firm offering an integrated platform of services, provides leasing, property management, and construction management services at Eldridge Oaks. Senior Vice President Brad Fricks and Vice President Matt Asvestas serve as leasing agents.

O’Donnell/Snider Construction is overseeing the construction, which will be completed this fall.

Eldridge Oaks’ proximity to Terry Hershey Park as a natural amenity is a competitive advantage few buildings can offer. A robust fitness center also offers direct connectivity to the park trails. The renovation includes thoughtful programming of outdoor amenities to further enhance the tenant experience and attract companies seeking employee-centric office spaces. Improvements underway include a complete update to the first- and second-floor lobbies, a conference center and on-site food services. Also on tap is a connected, collaborative tenant lounge space and enhancements to other building common spaces.

Global engineering company Gulf Companies recently signed a 52,148-square-foot-lease at Eldridge Oaks. Beau Bellow of JLL represented the tenant.

Other notable transactions at Eldridge Oaks include:

  • Ryder Integrated Logistics executed a 7,141-square-foot lease. Gary Lawless of Cresa represented the tenant.
  • VsmSQ Structural Engineers executed a 6,161-square-foot lease. Anthony Fritsche of Fritsche Anderson Realty Partners represented the tenant.
  • CCL Global leased 4,739 square feet. The tenant was represented by Scott Visin of Cushman & Wakefield.
  • Hanwha Global Investments Corporation secured a 2,616-square-foot lease. Tripp Pruet with Stream represented the tenant.

Eldridge Oaks is a 14-story, Class A office tower built in 2009 offering a variety of amenities including on-site property management, 24/7 security, and an above-market parking ratio. The building can accommodate tenants ranging from 3,000 square feet to 235,000 square feet and has move-in ready speculative suites available.

The LEED® Gold Certified building provides immediate access to Terry Hershey Park hike and bike trails, and a plethora of walkable restaurants, bars, hotels and lifestyle retail at The Enclave on Eldridge and Plazas at The Parkway retail development across the street.

McNair Interests breaks ground on second phase multifamily On the Trails development in Westchase District

Posted on by Mia Goulart

The commercial real estate development arm of Houston-based McNair Interests is expanding its multifamily footprint in west Houston. With a focus on the acquisition and creation of thoughtful places for people to live, work and rest, the development team is building on the success of its first phase Remy on the Trails community and has commenced construction on a yet unnamed, second phase “On the Trails” community. This project is part of the larger, 24-acre lakefront enclave located on Deerwood Road at 400 West Sam Houston Parkway South in the Westchase District.

Anticipating resident move-in by Summer 2024, the second phase multifamily community at 10505 Deerwood Road spans 6.8 acres and will include an open-to-the-public, 2,000-square-foot all-day café to be run by an established local operator. The project encompasses approximately 200,000 net rentable square feet over four stories with conditioned corridors and private storage, private garages and surface level parking. The unit mix consists of 221 one-, two- and three-bedroom apartment units with floorplans averaging nearly 900 square feet, with the three-bedroom units maxing out at nearly 1,500 square feet.

Community amenities include an expansive club room and lounge, fitness center with Peloton bikes and various virtual training options, bicycle storage, dog park, indoor/outdoor fire pits, a network of outdoor courtyards and pool area with cabanas and grills alongside the private lakefront and its walking trail. The property will also have extensive indoor and outdoor work-from-home areas, ranging from private and communal workspaces to meeting rooms, as well as level-two electric vehicle charging capabilities for residents.

Industry leading partners are lender Cadence Bank, general contractor Arch-Con, The Preston Partnership for architecture, interior architecture by design firm MaRS and Kimley-Horn for landscape architecture.

McNair purchased the Deerwood propertyin 2020 and later unveiled a three-acre lake with a dock and walking trail. The first phase, 330-unit apartment community, Remy on the Trails, opened in late 2022. Remy continues to see strong rental traffic since its debut and is currently over 60% leased. Development plans for the future 4.6-acre third phase are being evaluated.

Collaborating on the structural aesthetic of Remy on the Trails, and the just announced, phase two, are The Preston Partnership and MaRS, an award-winning Houston design firm that has worked with the McNair development team on multiple projects over the years and brings a hospitality eye to On the Trails. In phase two, MaRS is modifying the aesthetic to also appeal to a more mature demographic with sophisticated colors and finishes that capture a chic, timeless elegance. As with the initial phase, a primary objective is to create spaces that residents want to activate, as opposed to just being appealing on the initial walk around tour, especially for more discerning renters by choice.

Ideally situated near Westchase District campuses like CityWestPlace, On the Trails is in close proximity to popular business and entertainment offerings including the Energy Corridor, Memorial City, CITYCENTRE, Town & Country Village and Chinatown. Terry Hershey Park and Buffalo Bayou, under a half-mile away, are easily accessible via a network of hike and bike trails.

Kelsey-Seybold Clinic leases space in Woodway Square Center in Houston

Posted on by Mia Goulart

Kelsey-Seybold Clinic has leased the 20,000-square-foot anchor space in the Woodway Square Center located at 6401 Woodway Drive at Voss Road in Houston.

Greg DeGeorge represented the landlord DeGeorge Properties II, LLC in the lease negotiations and John Wise, manager of real estate, handled negotiations for Kelsey-Seybold Clinic. The clinic will provide both primary and specialty medical care services.