PMRG Inks 100k SF Headquarters Relocation Lease

10800 Richmond
Courtesy of PMRG

PMRG secured a new 100k SF lease for Neighbors Health at Richmond Park Westchase at 10800 Richmond Ave. The Houston-based company relocated its corporate HQ and centralized local operations at the five-story, 98k SF office building operated by Zenith Real Estate Group. PMRG’s Michael Sieger and Marci Phillips repped the landlord, and Colliers International’s Chadd Bolding, Jay Kyle and Bob Parsley repped the tenant.

PMRG has repped Zenith in 24 new leases totaling over 230k SF in Westchase's Class-B product over the past 24 months. What's behind the Class-B success? "Over the last couple of years, Zenith has taken a systematic approach to improving their real estate holdings. That commitment has proven to create a significant advantage in today’s marketplace, despite the overall downturn that is being seen across the city during the same time span,” Michael said.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Houston Newsletters
Related Stories

Texas Flips Blue, Putting Data Center Boom On Notice

Tenant Departure Leaves Beleaguered Broad Street Office Over Half-Vacant

2.7M SF Campus Trades In Houston's Largest Industrial Sale

Piedmont Realty Exiting Houston Market With Office Dispositions

'It's A World Of Winners And Losers': New Edge CEO Plots Future In A Changed Office Reality

Broward Lures Office Tenants Away From Miami-Dade

Nord Group's Lawyer Moves To Quit, Says Entities Can't Pay Him

ISIF Commits €100M To IPUT's €500M Office Development Pipeline

Credit Union Breaks Ground On New HQ Building: The Houston Deal Sheet

Morningstar Releases New Details On Over 350K SF In Q3 Office Leases

Weil Gotshal Wind-Down Leaves 830K SF Hole In America's Office Market

'Distress Is Finally Trading': Investors Chasing Big Discounts On Boston Office