Featured News
Encino Energy has secured a long-term lease at Parkway’s San Felipe Plaza.
www.bisnow.com
December 18, 2018The Houston-based exploration and production company signed a 76K SF lease to bring the property’s occupancy to 90%. This is one of the biggest leases signed this year in the Uptown submarket.
“The relocation is a testament to the quality and position of the asset as they look to recruit and retain top talent following their recent acquisition of Chesapeake Energy’s Utica Shale assets,” Parkway Chief Operating Officer Mike Fransen said in a release.
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Let’s Do The Office Shuffle: Here Are The Biggest Office Leases Of Q4
www.bisnow.com
January 11, 2019Read MoreHouston-based Encino Energy, an exploration and production company, inked a long-term lease at Parkway’s San Felipe Plaza. The deal brings the property’s occupancy to 90%.
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Historic Houston Office Property Gets $53M Refinancing
www.cpexecutive.com
January 9, 2019Read MoreJLL Capital Markets has secured $52.8 million in refinancing from MetLife Investment Management for Contrarian Capital Management and Cameron Management for the historic Esperson office building in downtown Houston. The loan replaces maturing debt on the asset, which the partners have owned since 2012.
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Houston’s Office Market: Looking for Pot of Gold (Or an Escape Hatch) at the End of the Rainbow
Realty News Report
January 7, 2019Read MoreThe Houston office market – the sore spot in local real estate – ended the year with a substantive positive note.According to new statistics from CBRE, approximately 600,000 square feet of office space was filled (net absorption) in the fourth quarter of 2018. It was the first time the office market achieved such a gain in quite some time. -
Real estate transactions: Encino Energy signs big Uptown lease
www.mysanantonio.com
December 20, 2018Read MoreEncino Energy has leased 76,048 square feet at San Felipe Plaza, bringing the property to nearly 90 percent occupancy. The 980,472-square-foot tower at 5847 San Felipe is operated by Parkway Property Investments. Philip Price of Newmark Knight Frank represented Encino Energy. JP Hutcheson and Eric Siegrist represented Parkway.
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Real estate transactions: Encino Energy signs big Uptown lease
www.houstonchronicle.com
December 20, 2018Read MoreEncino Energy has leased 76,048 square feet at San Felipe Plaza, bringing the property to nearly 90 percent occupancy. The 980,472-square-foot tower at 5847 San Felipe is operated by Parkway Property Investments. Philip Price of Newmark Knight Frank represented Encino Energy. JP Hutcheson and Eric Siegrist represented Parkway.
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Energy co. moves headquarters to San Felipe Plaza on heels of $2B deal
www.bizjournals.com
December 9, 2018Read MoreHouston-based Encino Energy LLP recently signed a long-term lease for multiple floors in San Felipe Plaza.
However, the company is already operating out of temporary space in the building, at 5847 San Felipe St., according to executives with building owner Parkway Property Investments LLC. Encino previously was headquartered at 675 Bering Drive.
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Houston Office Tower Gets $147M Loan
Commercial Property Executive
November 19, 2018Read MoreCPP Investment Board has secured a $147.3 million floating-rate loan for the refinancing of San Felipe Plaza, a Class A office tower in Houston. Natixis originated the loan, which will be used to pay off the existing loan, cover financing and closing costs and fund future leasing costs at the property. Financing was arranged by Susan Hill of HFF.
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Natixis Provides $147.2M Loan for Refinancing of 46-Story Office Tower in Houston
www.rebusinessonline.com
November 16, 2018Read MoreFrench investment bank Natixis has provided a $147.2 million floating-rate loan for the refinancing of San Felipe Plaza, a 46-story office tower located in the Galleria/Uptown area of Houston. The Class A, 980,473-square-foot property was built in 1983 and renovated in 2015. Amenities include a fitness center, multiple onsite dining options, a conference center, dry cleaner and a Starbucks. Susan Hill of HFF arranged the loan on behalf of the borrower, a subsidiary of Parkway Inc.