May 3, 2019
Bill McGrath CCIM and Peter Wall with LandPark Advisors represented Axiom Capital Management in the acquisition of 13111 Westheimer in Houston. The seller was 18634 Clark Street Associates of Houston, which held the building for 17 years.
LandPark will also execute Axiom’s value-add strategy for the Class B, 60,000-square-foot, four-story building on the metro’s west side. Will McGrath and Ryan Burnaman with LandPark will handle property management and leasing activities for the more than 30-year-old property. The new owner is planning to upgrade the building and common areas.
The current tenant mix consists of financial, medical and professional companies including Allstate insurance, Royal Oaks Professional Group, Assisting Hands, SMB Autoplex, World Health Services Inc. and Paul D. Levine DDS Family Dentistry. Comerica Bank is a main tenant.
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