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1/09/26
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There have been four recent lease transactions totaling 106k sf – three with new tenants and one a renewal -- at 20 Greenway Plaza in Houston. The 433.1k sf, WiredScore Platinum-certified office building is owned by Stockdale Capital Partners, a Los Angeles-based real estate private equity firm that has owned the Class A building since 2019.
The new tenants include solar asset management and service firm SunStrong Management, which will occupy 18.3k sf on the 5th floor; national integrated design services firm CannonDesign, which will occupy 9.9k sf on the building’s 5th floor; and skills management software company Kahuna Workplace Solutions, which will lease 6.7k sf on the 8th floor of the building.
In a separate transaction, Bank of America renewed its 70.9k sf space for portions of the 7th and 9th floors at the property.
20 Greenway Plaza is distinguished by its stair-stepped architecture and black reflective glass. Located at the northwest corner of Norfolk and Cummins Streets, the property offers convenient access to major roadways including Highway 59, Westpark Toll Road, and the 610 Loop, and is within walking distance of numerous dining, shopping and entertainment options.
Recognized as one of Houston’s most tech-forward office buildings, 20 Greenway Plaza features large floor plates, redundant power feeds, back-up generators, raised flooring opportunities and EV charging stations. Tenants also enjoy a wide range of amenities, including a new game room, state-of-the-art fitness facility, cafe, conference spaces, outdoor collaboration areas, and abundant parking serving its high-density tenant base. The property is leased to a diverse roster of tenants that include Koch, Pilot Flying J, Mercuria, TP ICAP, Affiliated Engineers and Bridgeway Capital Management.
Houston’s occupancy continues to post positive absorption driven largely by a flight to quality from tenants seeking space in trophy assets like 20 Greenway Plaza, according to CBRE’s Third Quarter Office Report.
Bank of America was represented by David Bale and Cody Little of JLL. CannonDesign was represented by Abby Alford of Stream Realty. Kahuna Workplace Solutions was represented by Dustin Devine of Avison Young. Alvarez & Marsal advised SunStrong Management in its lease negotiations.
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