Stream Realty Partners and Austin-based CapRidge Partners capped off the first half of 2022 by welcoming two new energy tenants to Memorial Tower One at 1616 S. Voss Road.
Houston-based U.S. Energy Corp., an independent energy company focused on the acquisition and development of oil and natural gas-producing properties, signed an 11,000-square-foot lease. Cody Little of JLL represented U.S. Energy Corp. Extex Operating Company, an oil and gas exploration and production company, signed a 10,289-square-foot lease. Val Festari represented the tenant. Stream Houston Managing Director Ryan Barbles and Vice President Matthew Asvestas represented CapRidge Partners in all transactions.
Memorial Tower One is part of CapRidge Partners’ extensive Houston portfolio. The leading commercial real estate investment firm owns three Class A office buildings in the San Felipe/Voss submarket: Memorial Tower One, Memorial Tower Two, and Woodway Tower. They also own Briar Forest Crossing in the Westchase submarket and the Woodbranch Building in the Energy Corridor.
Memorial Tower One, Memorial Tower Two, and Woodway Tower underwent extensive renovations in 2020, including upgraded common areas, new lobby finishes, tech-forward conference spaces, enhanced landscaping, and ample parking. The updated Class-A office buildings provide a tenant-friendly office environment in an ideal location.
Stream has completed nearly 100,000 square feet of transactions at CapRidge Partners’ Memorial Tower One, Memorial Tower Two, Woodway Tower, Briar Forest Crossing, and Woodbranch Building so far this year.
