MRI & Diagnostic Imaging to Relocate HQ to Park Row

A 5,304-square-foot office building at 16920 Park Row Blvd. recently sold to DRH & Associates Inc. Houston MRI & Diagnostic Imaging will relocate its headquarters to this space from its previous leased location at 9990 Richmond Ave. The building is move-in ready and includes a 1.3-acre parcel which can accommodate Houston MRI & Diagnostic Imaging’s anticipated future expansion and company growth.

Jason Herbrich and Anthony Fritsche of Fritsche Anderson Realty Partners represented the seller, Four T Management LLC. Transwestern’s Evelyn R. Ward and Paula Musa represented the buyer in the transaction.

“Even before the pandemic, smaller tenants were looking for owner-user building opportunities, taking advantage of the low-interest rates and benefits of ownership,” said Ward. “The biggest challenge in the Houston market is that inventory of well-located quality owner-user assets is very limited. After more than a year, we were able to identify the right opportunity that met the client’s needs, services and expansion plans.”

Located in the Energy Corridor, the property offers monument signage on Park Row Boulevard. The asset is near Interstate 10 and in-demand retail amenities.

Transwestern will continue to provide tenant advisory and agency leasing services for Houston MRI & Diagnostic Imaging as it expands to other submarkets including Friendswood, Pearland and Kingwood.