BioUrja Group Plans Added Updates for 1500 Citywest

1500 Citywest, a 192,313-square-foot class-A office building in Houston, was recently acquired by BioUrja Group. BioUrja plans to occupy approximately 10,000 square feet of the building.

1500 CityWest is located on 3.93 acres at the intersection of Citywest Boulevard and Briar Forest Drive in Houston’s Westchase District. This location has direct access to the West Sam Houston Parkway and the Westpark Tollway, and accessible to both airports, downtown Houston, and the Katy and Sugarland areas.

Originally completed in 1981, 1500 CityWest is a 10-story building offering an on-site 641-space parking garage, covered walkways and an on-site deli. The property is 65 percent leased to a diversified group of tenants with a strong energy and engineering concentration. Since 2015, the property has received cosmetic and mechanical upgrades, and BioUrja Group plans to further update the asset in the coming years.

“Houston’s energy, creativity and diverse talent pool continues to offer an attractive market for our U.S. headquarters,” said Amit Bhandari, the chairman and CEO of the BioUrja Group. “The acquisition of 1500 CityWest is an opportunity for us to continue to grow our business and attract top talent in the renewable energy and agricultural sectors.” 

BioUrja Group was represented by Josh Morrow and Collin Roach with Avison Young. JLL represented the seller, an entity controlled by Bridge Investment Group’s debt strategies team, in the off-market transaction. The team was led by Rick Goings and Jack Moody.