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Breaking News: Westchase Tower Secretly Starts

Houston

We busted out our detective hat for you today and found some exciting whisperings and an exclusive scoop on two developments. (You have to promise not to tell anyone else, though.) First, a Westchase office tower that’s completely pre-leased.

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Sources tell us BMS Management is developing an office property on Richmond directly east of Millennium Tower. We snapped this picture yesterday showing that the site has been scraped in preparation. We’re told the building is over 400k SF and is completely spoken for, and rumor has it National Oilwell Varco may be the soon-to-be inhabitant. (Its offices are just down the road at Briarpark and Richmond.) The firm’s tenant rep and BMS aren’t commenting, so we’ll have to stay tuned. We have been told that BMS relocated those beautiful live oaks along the property line rather than cutting them down. (They sent them out to pasture, to spend the rest of their days grazing on sunlight in peace.)

Related Topics: BMO Capital Markets