
Newmark Lands Leasing Deal on Key Houston Healthcare Office Complex
Newmark announces it has been awarded the leasing assignment for Park 10 Commons, a mixed-use, multi-tenant medical office building in Houston. Park 10 Commons is one block East of Texas Children’s Hospital West Campus and Houston Methodist West Hospital (see picture). The landlord and owner is 4M Investments.
Park 10 Commons will feature over 260,000 square feet when it’s built out. It has one available and three proposed Class A medical office buildings that can accommodate medical operators seeking 20,000 square feet of space and up. It has 20,977 square feet of existing availability, two proposed 80,000-square-foot mid-size towers, and 25,000 square feet of proposed medical office. The project also offers a retail component of 4,500 square feet of leasable space.
“The proposed Class A buildings at Park 10 Commons—with large blocks of space available in proximity to major medical campuses as well as I-10 visibility—is highly attractive for medical users seeking their new space,” said Newmark’s Richard Barbles.