Holliday Fenoglio Fowler, L.P. (HFF), on behalf of the owner, is marketing for sale Intellicenter, a premier Class A suburban office building totaling 160,407 square feet in Houston, Texas. Located at 4650 Westway Park Boulevard in Westway Park, a top-performing, three million-square-foot west Houston micro market, the LEED Silver property features sustainable design principles that enhance demand from corporate clients and highly-functional floorplates designed to accommodate medium to large tenants.
Developed in 2007, Intellicenter was part of a green initiative by Koll Development Company that produced several similar buildings across the country. The building was awarded LEED Silver Certification from the U.S. Green Building Council at the time of development, and the property features Tate access flooring, underfloor air distribution in all work areas and six per 1,000-square-foot parking surrounding the building. The interior lobby is consistent with Class AA buildings in the market and complete with a custom style terrazzo floor, modern lighting with wall washers throughout and a combination of crystallized glass and mahogany accent panels. Additionally, the property earned the Energy Star label for operating efficiency in 2010, 2011, 2014, 2015 and 2016.
The three-story suburban office property for sale is currently 100 percent leased to The Travelers Indemnity Company (Travelers) and Cameron with 7.2 years remaining average lease term; however Cameron is expected to vacate 25 percent of the NRA in October, offering a value-add opportunity to re-lease the space.
For more information on Intellicenter or other commercial properties for sale in Houston and the surrounding areas please contact HFF Director Trent Agnew or Senior Managing Director Dan Miller in HFF’s Houston office.
Holliday Fenoglio Fowler, L.P. acting by and through Holliday GP Corp, a Texas licensed real estate broker.