Newmark Tapped to Lease Medical Office Project in Houston

Newmark has been tapped to lease 2801 Kirby, a new 100,000-square-foot, class A mixed-use medical office development in the River Oaks neighborhood of Houston, TX.

Slated to deliver in the third quarter of 2023, the project will be a five-story, medical office building with ground-floor retail. The building will feature two pad sites for backup generators, 11-foot ceiling heights, garage parking at a ratio of four spaces per 1,000 rentable square feet, after-hours cardkey access and an on-site full-service restaurant. The River Oaks neighborhood is located between the Galleria, West U and Montrose neighborhoods and offers numerous upscale dining and entertainment options.

Richard Barbles and Noelle Hsieh of Newmark have been tapped to represent the the project on behalf of Houston-based developer Clay Development & Construction.

“There is an ongoing trend in the medical industry toward convenience of care, with patients seeking healthcare in retail or medical office settings close to home,” said Barbles. “As the healthcare industry continues to evolve and grow, we are excited to extend Newmark’s service offerings even further into Houston medical office real estate.”