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1/07/21
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Cadence Bank has signed a long-term lease for 82.2k sf of space at Park Towers, located at 1333 W. Loop S. in Houston’s Uptown submarket. The tenant’s holding company, Cadence Bancorporation, will also be relocating its headquarters to occupy the new space at Park Towers.
Park Towers is a Class A, 545.2k sf office property comprised of two 272.6k sf buildings with 18 stories. The space boasts two high-performance fitness facilities, tech-savvy conference center, in-building dining, tenant lounge with state-of-the-art golf simulator, bike storage and Amazon Lockers. Additionally, a drive-through coffee destination is being developed with a nationally recognized provider.
The location offers abundant walkable amenities at the nearby Uptown Park shopping center and has excellent proximity and a paved walkway to Memorial Park. Economic value, location, and building signage and visibility attributed greatly to the tenant’s decision to lease the space.
Doug Little, David Baker, Kelli Gault and Jack Scharnberg with Transwestern provided agency leasing services on behalf of the landlord, Regent Properties. CBRE’s Weldon Martin and Jon Lee represented the tenant. Terms of the deal were not disclosed.
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