{"id":1004205719,"date":"2018-02-02T17:48:40","date_gmt":"2018-02-03T01:48:40","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004205719"},"modified":"2022-12-08T15:16:16","modified_gmt":"2022-12-08T23:16:16","slug":"investment-bank-relocates-expands-houston-hq","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/investment-bank-relocates-expands-houston-hq\/","title":{"rendered":"Investment Bank Relocates, Expands Houston HQ"},"content":{"rendered":"<p>By Jeff Hamann<\/p>\n<div id=\"attachment_1004205732\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/02\/Woodway-Tower-in-Houston-Texas.jpg\" target=\"_blank\" rel=\"noopener noreferrer\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004205732\" data-attachment-id=\"1004205732\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/investment-bank-relocates-expands-houston-hq\/woodway-tower-in-houston-texas\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/02\/Woodway-Tower-in-Houston-Texas.jpg\" data-orig-size=\"800,620\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"Woodway Tower in Houston\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;Woodway Tower in Houston&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/02\/Woodway-Tower-in-Houston-Texas.jpg?w=800\" class=\"wp-image-1004205732 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/02\/Woodway-Tower-in-Houston-Texas.jpg\" alt=\"Woodway Tower in Houston\" width=\"300\" height=\"233\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/02\/Woodway-Tower-in-Houston-Texas.jpg 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/02\/Woodway-Tower-in-Houston-Texas.jpg?resize=300,233 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/02\/Woodway-Tower-in-Houston-Texas.jpg?resize=768,595 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004205732\" class=\"wp-caption-text\">Woodway Tower in Houston<\/p><\/div>\n<p>Entoro Capital, an investment banking firm, has signed a new, 6,270-square-foot lease to relocate the company\u2019s headquarters to Woodway Tower, an office high-rise in Houston\u2019s Tanglewood submarket. The deal more than triples the size of Entoro\u2019s headquarters space, allowing the firm to roll out expansion plans. JLL\u2019s Diana Bridger represented Entoro in the lease transaction, with Steam Realty\u2019s Mathew Volz and Craig McKenna working on behalf of the landlord.<\/p>\n<p>Located at 4900 Woodway Drive, Woodway Tower is a 12-story, 119,127-square-foot office asset constructed in 1979. The current owner, a private investor, acquired the property in late 2012 from Fidelis Realty Partners following renovation work, according to Yardi Matrix. A number of other office buildings are in the building\u2019s immediate area, home to tenants including IBM, Nexus Health Systems and Johnson Development Corp. Entoro\u2019s old headquarters, an office suite within a 48,109-square-foot building at 710 N. Post Oak Road, sits approximately one mile to the north along Interstate 610.<\/p>\n<h2>Expansion in a slow market<\/h2>\n<p>Entoro\u2019s <a href=\"https:\/\/www.commercialsearch.com\/news\/jackson-walker-expands-houston-office-lease\/\">lease expansion<\/a>\u00a0is notable, given that\u00a0vacancy rates\u00a0have climbed in Houston for 12 consecutive quarters, according to JLL\u2019s most recent report on the city\u2019s office market.<\/p>\n<p><em>\u201cEntoro\u2019s new office will allow the company to achieve their goals for growth,\u201d<\/em> said Bridger, vice president of JLL\u2019s office tenant representation group, in a prepared statement. <em>\u201cThe move created an opportunity to improve the location, quality and design of their office to better support their employees and clients.\u201d<\/em><\/p>\n<p><em>Image courtesy of Yardi Matrix<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>JLL represented Entoro Capital in its new lease, which more than triples the company\u2019s square footage and enables the firm to expand its operations.<\/p>\n","protected":false},"author":861,"featured_media":1004205732,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21784,21743,1589,21742,21747],"tags":[39010,32796,33358],"class_list":["post-1004205719","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-brokerage","category-deals","category-houston","category-latest","category-office","tag-fidelis-realty-partners","tag-jll","tag-stream-realty-partners"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - 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