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TexasOffice

Transwestern tapped to lease largest block of class a office space in Energy Corridor

January 22, 2021
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Younan Properties Inc. has engaged Transwestern Real Estate Services to provide leasing services for Two Westlake, a 17-story, 454,843-square-foot building at 580 Westlake Park Boulevard in Houston’s Energy Corridor submarket.

Transwestern’s executive vice president Michelle Wogan, vice president Evelyn Ward, and senior associate Paula Musa will represent the building owner in leasing efforts.

“We are very excited to reposition this building in the market with the upcoming renovations,” said Zaya S. Younan, CEO of Younan Properties. “With the largest block of Class A space in the Energy Corridor, we are motivated to lease space anywhere from 10,000 square feet and up. There are several full floors that are in move-in condition, and the top two floors will be renovated to showcase our new building standards with open and private office concepts.”

Two Westlake is one of the few properties in Houston with more than 400,000 square feet available and presents a value-add opportunity in the market for a user that wants Class A space with competitive pricing. The building is adjacent to Terry Hershey Park with hike and bike trails and provides great visibility and easy ingress/egress to Interstate 10, Highway 6 and Beltway 8.

The property boasts a campus environment with lush outdoor green space, on-site management, 24/7 on-site security and key card access. Amenities include a fitness center with showers and lockers, a full-service deli, a conference and training center, and a grab-and-go café. Plans for the building include full renovations to the common areas, the addition of a tenant lounge, and move-in ready spaces available for lease to create a world-class working environment for tenants. The renovation project is already underway and will be completed by the end of May.

Two Westlake was previously owned by Rialto Capital Management, which sold the property to Younan Properties in December 2020.

Tags
Energy CorridorHoustonTranswestern Real Estate ServicesYounan Properties Inc.
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