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1/14/15
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Affiliates of Miami-based Banyan Street Capital and Los Angeles-based Oaktree Capital Management LP have selected Transwestern to handle the leasing assignement for a three-building, 251.3k sf office portfolio in Houston.
The portfolio consists of Reserve at Greens Crossing II, located at 11310 and 11410 Greens Crossing Blvd in the North Belt submarket, and Timberway One, located at 15990 N. Barkers Landing in the Energy Corridor submarket. Transwestern Executive Vice President Michelle Wogan and Senior Vice President Monte Calvert will lease the properties on behalf of the owner, Banyan Street Capital, which purchased the buildings as its first acquisition in the Houston market.
Reserve at Greens Crossing II consists of two deep-bay, single-story office buildings totaling 158.4k sf with more than 82k sf available and up to six per 1,000 square feet of parking. The property’s easily accessible location is less than 15 minutes from Bush Intercontinental Airport, offers direct access to the Sam Houston Tollway and Interstate 45 and is only minutes from shopping malls, hotels, restaurants and residential subdivisions.
Timberway One is a 92.9k sf office building with more than 30k sf available for lease. The building is highly appealing to the numerous tenants working with and servicing the energy industry due to its location in close proximity to Interstate 10, State Highway 6 and Sam Houston Tollway and the numerous restaurants within walking distance.
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