LandPark Advisors arranges acquisition of Four-Story Office Building on Westheimer Road in Houston, Texas
May 01, 19
Bill McGrath, CCIM and Peter Wall of LandPark Advisors represented Axiom Capital Management in the acquisition of 13111 Westheimer Road in Houston, Texas. The building is located at the southwest corner of Synott Road and Westheimer Road and consists of approximately 60,000 square feet of net rentable area.
13111 Westheimer is a solid Class B four-story office building with Comerica Bank as a major tenant. LandPark will be responsible for executing Axiom Capital’s value-add strategy by upgrading the building and common areas. The subject property is within close proximity to numerous existing and future amenities including several new apartment communities within walking distance, several nearby restaurants, hotels, master-planned neighborhoods, and is located near Houston’s Energy Corridor.
LandPark Commercial was hired to provide both property management and leasing services on behalf of the buyer. For leasing information, please contact Will McGrath or Ryan Burnaman at 713-789-2200.
About LandPark Advisors
LandPark Advisors, LLC is a full-service real estate management, leasing, and investment company providing premier services for office, retail, industrial, self-storage, and multi-family properties nationwide. Clients in need of advisory services such as acquisition financing, bridge loans, construction financing, development, and asset strategy, joint venture equity, mezzanine debt, permanent financing, and recapitalization strategies have relied on LandPark Advisors to overcome obstacles and achieve their investment goals. To find out more about LandPark Advisors, LLC, please visit our website at www.landparkco.com.