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Triten Unloads 187K-SF Houston Offices
Triten Real Estate Partners developed the office building, along with Affinius Capital, at Lockton Place at 3657 Briarpark Drive in the Westchase area of Houston. Triten has called it home since it was completed in 2017. Gallium Capital recently purchased the 187,000-square-foot building, and while the sales price was not disclosed, the Houston Business Journal reports it was recently appraised at $55 million.
JLL’s Rick Goings, Marty Hogan and Kevin McConn helped sell the 8-story building.
Insurance brokerage company Lockton Cos., which has occupied the building from the beginning, continues to lease about 120,000 square feet or 65% of the property.
Amenities include a cafe, fitness center with showers and lockers, and a tenant lounge with meeting areas. JLL says the property is over 96% leased.
