Office Lease.
Colliers is pleased to announce Woodforest National Bank has leased 16,010 square feet in Park Towers North located at 1233 West Loop South in Houston, Texas. The landlord, Park Towers Investment, was represented by Doug Little of Transwestern. Darren Gowell and Bob Parsley of Colliers represented Woodforest National Bank in the transaction.
"Woodforest Bank has worked with Colliers since 2016 to identify our growing corporate banking office locations in Houston and Dallas. With the bank’s headquarters in The Woodlands and strong presence in the surrounding counties, Houston is an important market for our past and future growth plans in the state." said Chris Dvorachek, Executive Vice President-Commercial Banking Texas of Woodforest National Bank. "The bank’s success in Houston drove the need for expanded quality meeting space to host our commercial and wealth management clients. By increasing our Houston Galleria office footprint, we can continue recruiting the best available local talent and provide a collaborative working environment for our banking professionals.”
Established in 1980, Woodforest National Bank is a privately held bank headquartered in The Woodlands, Texas. With more than 788 branches in 17 different states, they focus on building relationships and discovering opportunities to better serve their communities.
Park Towers North is located in the West Loop/Galleria office submarket, Houston's second largest suburban office submarket consisting of 22.9 million SF contained in 104 office buildings. The submarket is currently 78% occupied and the average asking market rental rate is $35.13 per square foot.