Priority Capital Advisory arranged a $26.6 million bridge refinance for 2 Westlake, a 467,609-square-foot Class-A office tower at 580 Westlake Park Blvd. in the heart of Houston’s Energy Corridor. The financing was secured on behalf of the ownership, Younan Company, a global private equity firm.
Set on 5.4 acres within the 2.8 million-square-foot Westlake Park office complex, 2 Westlake rises 17 stories and represents one of West Houston’s premier suburban office assets. Younan Company acquired the property in December 2022 for $21.55 million when it was entirely vacant. Since acquisition, Younan has completed significant renovations, including a comprehensive lobby remodel. The asset is currently 56% leased with active interest and strong leasing momentum.
Strategically positioned along Interstate 10, 2 Westlake offers 22,500-sf floorplates and a robust amenity package including a full-service deli, coffee bar, conference center, tenant lounge, and fitness facility.
