This Week's Houston Deal Sheet: Litigation Firm Leases Almost A Full Floor Downtown
Reynolds Frizzell LLP, a Houston boutique litigation firm, will expand its lease at 1100 Louisiana St. by 35%. This will bring its lease to 23K SF, occupying nearly a full floor at the 1.3M SF building in Downtown Houston.
Savills’ Jim Bell, Kyle Kelley and Jennifer Meehan represented Reynolds Frizzell and negotiated a multiyear lease that includes options for future expansion and a tenant improvement allowance. The firm plans to update its communal areas to include a new café and lounge and collaboration areas.
Winfield Haggard Jr. and Diana Bridger of Cushman & Wakefield represented Hines, which developed 1100 Louisiana in 1980. The 55-story tower was renovated in 2019.
PEOPLE
Kirksey Architecture hired Martin Gollwitzer as its first chief operating officer, expanding its C-suite in its 53rd year of business.
Gollwitzer has two decades of experience. He previously worked for Perkins & Will and Gensler, leading projects in mission-critical, commercial and public infrastructure sectors. Gollwitzer will work with Kirksey’s 220 employees across Houston, Austin and Dallas to refine operational best practices.
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Hines hired Jonathan Pearce as senior managing director, a role in which he will lead leasing efforts and tenant engagement strategies across Canada as well as have responsibilities across the Americas.
Pearce joined Hines after about 10 years at Ivanhoé Cambridge, where he was head of investments for office and life sciences in the U.S. and, prior to that, executive vice president of leasing and development.
SALES
Partners Capital, the investment platform of Partners Real Estate, acquired 153 acres at the southeast corner of FM 1960 and Aldine Westfield Road in North Houston. This is Land Fund I’s first investment in Houston and second overall.
Partners Land Fund plans to develop all necessary infrastructure to create a shovel-ready business park.
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Lion Real Estate Group, a Dallas-based real estate investment and asset management firm, acquired Stone Creek at Old Farm. The 190-unit Class-B multifamily property is at 8585 Woodway Drive in Houston.
The off-market acquisition is the firm’s first in the Houston market and was made on behalf of its Fund III investment vehicle. It involves a repeat seller.
Lion plans to implement a light renovation program at the 1999-built community where necessary. The company said the asset was well-maintained, and exterior and amenities upgrades are already complete.
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An undisclosed buyer purchased 4.7 acres at 3015 West St. in Rosenberg. James W. Sinclair Jr. and Will Hrachovy with CMI Brokerage represented the seller. The property is intended for industrial purposes.
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Colliers announced the sale of a 10K SF assisted living facility at 10050 West Road in Houston. Sonali Mansukhani of Keller Williams Signature Realty represented the buyer. The seller, 3 MS Investments Inc., was represented by Elena Bakina of Colliers.
The facility has 16 private rooms with the potential for double occupancy, a dining room, kitchen, two TV lounges, on-site laundry and an elevator.
LEASES
Mais Fortress Inc. signed a 12K SF lease at Southwest Business Park at 10325 Landsbury Drive in Houston. The tenant was represented by Carter Holmes with Cushman & Wakefield. The landlord, Fort, was represented in-house by Thomas Pfeifer.
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Berkeley Eye Center renewed and expanded its lease at 3100 Weslayan St. in Houston, taking 22K SF. This will renew its lease for another eight years. Berkeley Eye Center occupies 35% of the four-story medical office building owned by Hartman Properties.
CONSTRUCTION AND DEVELOPMENT
Skanska signed a contract with Harris Health System for the construction of a four-story Harris Health Central Fill Pharmacy and associated departments. The building will incorporate flexible spaces for future expansion of clinical facilities.
The 60K SF, $54M project is scheduled to begin in November, with expected completion in May 2026.
