Houston, May 18, 2022 – Colliers is pleased to announce the sale of ±1.03 acres located at 4506 and 4512 Steffani Lane in Houston, Texas. The buyer, Lipien Land Company LLC, was represented by Andrew Brod of Whitebox Real Estate, LLC. Paul Dominique and Tom Condon, Jr. of Colliers represented the seller, 4512 Steffani Property LLC, in the transaction

The fenced and paved site was once two former buildings consisting of 16,000 and 5,000 square feet. The plot now features three curb cuts, a useable slab in place and is not within the flood plain. The property is situated just north of Clay Road between Steffani Lane and Gessner Road with easy access to Sam Houston Tollway, Hempstead Highway and Northwest Freeway (290).

The property is located in Houston’s Northwest Inner Loop industrial submarket. The submarket contains 64.8 million square feet of existing industrial space, which is currently 94.5% occupied. There is 135,000 square feet of additional space under construction.

JLL Capital Markets announced today that it has closed the sale of One Park 10 Plaza, an eight-story office tower totaling 162,919 square feet in Houston’s Energy Corridor.

JLL represented the seller, Accesso Partners, LLC, and procured the buyer, Interra Capital Group.

Located at 16225 Park Ten Place, the property is within Houston’s Park Ten office park, a 550-acre, master-planned, mixed-use development comprising a major portion of the Energy Corridor. One Park 10 Plaza is highly visible from Interstate Highway 10 and is just west of Highway 6 providing connectivity throughout the Greater Houston area. The surrounding area is home to numerous headquarters locations for many multi-national companies as well as the affluent neighborhoods of The Villages and Westchase.

One Park 10 Plaza has been continuously updated with more than $1.1 million in capital improvements over the last decade and is currently 76.2% leased to a diverse tenant roster. The property sits on a 3.27-acre site and includes a four-story, 560-space parking garage.

The JLL Capital Markets team representing the seller was led by Managing Directors Marty Hogan and Kevin McConn.

Persha Counseling PLLC leased 5,087 square feet at 1001 S. Dairy Ashford in Houston, TX. Joan Collum with Collum Commercial represented the tenant and Kacie Skeen represented the landlord, Hartman Income REIT.

Three Oaks Hospice leased 2,663 square feet at 16420 Park Ten Place in Houston, TX. Brooke Hallman with Allan Bailey Johnson Group represented the tenant and Ami Figg represented the landlord, Hartman Income REIT.

Blue Star Security leased 2,557 square feet at 616 FM 1960 in Houston, TX. Thomas Emde represented the landlord, Hartman Income REIT.