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TexasOffice

Stream Realty Partners awarded leasing of 1.1 million square-foot office portfolio

November 3, 2020
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Woodbranch Management has selected Stream Realty Partners’ Houston office leasing team as the exclusive leasing partner for its 1.1-million-square-foot, six-building Houston office portfolio.

The portfolio includes four buildings in the Westchase submarket—9800 Richmond Avenue, 3100 S Gessner Road, 11000 Richmond Avenue and the 21-floor Millennium Tower, located at 10375 Richmond Avenue, which is currently undergoing significant renovations. Additional properties, located in the Galleria submarket, include 1775 St. James Place and 4265 San Felipe Street, which will also receive large-scale renovations.

“This portfolio includes some of Houston’s best properties for office leasing and we are proud to put them in the experienced hands of Stream Realty Partners,” said Philip Schneidau, Woodbranch Management.

Millennium Tower’s renovations are expected to be complete by the fourth quarter of 2020. They include a major lobby renovation, granite paneling in all 21 elevator lobbies, modern executive conference rooms and a state-of-the-art tenant lounge. High-speed internet access will be incorporated into every office through several providers, enabling tenants to choose which service best suits them.

Updates to San Felipe will include a redesigned lobby, with floor to ceiling vertical LED lights, a touch screen directory, modern marble walls and floors and new glass doors. Additionally, the lobby will have access to the breezeway, which will undergo renovations such as new LED down lights, flat white ceiling tile, white marble garage elevators, and modern sconce lighting for visitor parking.

“We are excited to have the opportunity to work with Woodbranch on the successful lease-up of these prominent buildings,” said Ryan Barbles, managing director for Stream. “The combination of all six properties, and the renovations to come, make any building in the Woodbranch portfolio an attractive option for tenants looking for a modern space that serves their business needs.”

Stream’s office leasing team of senior vice president Brad Fricks, vice presidents Craig McKenna and Mat Volz, senior associates Adam Ross and Matt Asvestas, and associate Elliot Collie will serve as leasing agents for the six properties.

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