Jump to content

Wells Fargo Waugh - 1500 Waugh Dr.


hindesky

Recommended Posts

I wonder if it will be multi family? 

Note #4 on the plat.


H63vQzZ.png


pxE0DHU.jpg


qhGEAZJ.jpg


Zmtd5y4.jpg

 

HCAD 


nvexCn9.png


V7jfxpA.png

 

I know First Interstate merged with Wells Fago because I once had a credit card/checking account with them before Wells Fargo bought them out. Not sure about Allied American Bank.

Edited by hindesky
  • Like 1
Link to comment
Share on other sites

  • The title was changed to Wells Fargo Waugh - 1500 Waugh Dr.
14 hours ago, hindesky said:

 

I know First Interstate merged with Wells Fargo because I once had a credit card/checking account with them before Wells Fargo bought them out. Not sure about Allied American Bank.

Allied Bank was the name tenant on 1000 Louisiana when it was built. In 1988, Allied was merged into First Interstate Bank. In 2000, First Interstate was merged into Wells Fargo https://www.usbanklocations.com/allied-bank-of-texas-20898.shtml

1000 Louisiana https://en.wikipedia.org/wiki/Wells_Fargo_Plaza_(Houston)

Link to comment
Share on other sites

  • 2 months later...
  • 1 month later...
  • 5 months later...

The 1500 Waugh Dr parcel was on the market until recently.  The property's LoopNet listing shows the property was published to the site last May. JLL marketed the property on behalf of the owner.

Wells Fargo bank is located at 1500 Waugh Dr. The property is located next to the shopping center River Oaks Plaza at 1414-1576 W Gray St.



Below are details from the listing and sale flyer:

  • ±1.1  acres at Waugh Dr & West Gray St for sale
     
  • Jones Lang LaSalle (“JLL”), on behalf of the owner, is pleased to present the opportunity to purchase ±1.1 acres at the signalized intersection of W Gray and Waugh near Downtown Houston, in Houston’s bustling Montrose submarket. The Property is located east of River Oaks, south of the highly acclaimed Buffalo Bayou Park, and just east of Houston’s two highly anticipated mixed-use developments that are under construction.  The site sits
    on a high visibility corner and allows for easy access across the city of Houston along major thoroughfares including Waugh, West Gray, Allen Parkway, Shepherd, Montrose Boulevard and Memorial Drive. The site is ideal for a wide variety of development uses in one of Houston’s most affluent and high growth submarkets.



Property facts from the LoopNet listing:

  • Property Type: Land
  • Proposed Use: Commercial
  • Property Subtype: Commercial
  • Total Lot Size: 1.10 Acres



https://www.loopnet.com/Listing/1500-Waugh-Dr-Houston-TX/28472921/

https://images1.loopnet.com/d2/IlU-tsJ-ZWKbL-kgeL6ZpCLyfkHT_KSMeb04l_bG-3U/document.pdf



j0705Ga.jpg

Edited by IntheKnowHouston
  • Like 1
Link to comment
Share on other sites

1 minute ago, IntheKnowHouston said:

The 1500 Waugh Dr parcel was on the market until recently.  The property's LoopNet listing shows the property was published to the site last May. JLL marketed the property on behalf of the owner.

https://images1.loopnet.com/d2/IlU-tsJ-ZWKbL-kgeL6ZpCLyfkHT_KSMeb04l_bG-3U/document.pdf



Aerial photos of 1500 Waugh Dr and the surrounding area are below. The images are included in sales materials for the property.



7AVyCU7.jpg



CuXUp9B.jpg



fzllww7.jpg



tIRaP5l.jpg



JE0iH4E.jpg

  • Like 1
Link to comment
Share on other sites

On 8/2/2023 at 5:35 PM, hindesky said:

This permit for a new ground up Wells Fargo with the address being their drive thru [at 1404 W Gray] makes me think they are selling the two story building.

 

35 minutes ago, IntheKnowHouston said:

The 1500 Waugh Dr parcel was on the market until recently.  The property's LoopNet listing shows the property was published to the site last May. JLL marketed the property on behalf of the owner.

Wells Fargo bank is located at 1500 Waugh Dr. The property is located next to the shopping center River Oaks Plaza at 1414-1576 W Gray St.

https://www.loopnet.com/Listing/1500-Waugh-Dr-Houston-TX/28472921/

https://images1.loopnet.com/d2/IlU-tsJ-ZWKbL-kgeL6ZpCLyfkHT_KSMeb04l_bG-3U/document.pdf



1500 Waugh Dr has new owners. County records indicate the property was sold in late December.

According to the special warranty deed on record, it's an undivided co-ownership. The owners are listed as 1500 Waugh Realty LTD,  G J Braun Corporation, and GZ Montrose Holding LLC.  The entities are tied to Braun Enterprises, Zadok Jewelers' Jonathan Zadok, and Madison Commercial Real Estate Services.

Wells Fargo bank was the previous owner of 1500 Waugh Dr. As Hindsky posted last year, the bank is building a new facility from the ground up at 1404 W Gray St. It's the parcel adjacent to 1500 Waugh Dr.

1500 Waugh is located near the shopping center River Oaks Plaza at 1414-1576 W Gray St.

Edited by IntheKnowHouston
  • Like 1
Link to comment
Share on other sites

  • 1 month later...
8 hours ago, Noahb said:

Brochure from Braun:

https://braunenterprises.com/media/d/4/e/9/b/8/braun-enterprises-1500-waugh-v2.pdf

 

It’s going to be 2 stories with restaurant and office spaces. 
 

 

IMG_0616.jpeg




Thanks, @Noahb.

Below is the area map for the forthcoming mixed-use planned at 1500 Waugh Dr. Based on marketing materials, the name of the development is 1500 Waugh Dr

As previously posted, Braun Enterprises, Zadok Jewelers' Jonathan Zadok, and Madison Commercial Real Estate Services purchased the former Wells Fargo site in December. 

According to the provided description in the leasing brochure, "1500 Waugh is a new nixed-ese redevelopment at the signalized intersection of Waugh and West Gray."
  

More details about 1500 Waugh Dr:
 

  • 18,000 sf of restaurant / retail space, and 25,000 sf of Braun’s Urban Office

     
  • Space 1 - 12,100 sf
     
    • First floor: 9,100 sf
    • Second floor mezzanine: 3,000 sf

       
  • Space 2 - 3,000 -5,000 sf building



https://braunenterprises.com/property/1500-waugh/

https://braunenterprises.com/media/d/4/e/9/b/8/braun-enterprises-1500-waugh-v2.pdf

 


3tWxykA.jpeg

Edited by IntheKnowHouston
  • Like 3
Link to comment
Share on other sites

8 hours ago, Noahb said:

Brochure from Braun:

https://braunenterprises.com/media/d/4/e/9/b/8/braun-enterprises-1500-waugh-v2.pdf

 

It’s going to be 2 stories with restaurant and office space. 
 

IMG_0615.jpeg



IMG_0614.jpeg



 

Below is the site plan for the forthcoming mixed-use planned at 1500 Waugh Dr. Based on marketing materials, the name of the development is 1500 Waugh Dr

As previously posted, Braun Enterprises, Zadok Jewelers' Jonathan Zadok, and Madison Commercial Real Estate Services purchased the former Wells Fargo site in December. 
  

More details about 1500 Waugh Dr:
 

  • 18,000 sf of restaurant / retail space, and 25,000 sf of Braun’s Urban Office

     
  • Space 1 - 12,100 sf
     
    • First floor: 9,100 sf
    • Second floor mezzanine: 3,000 sf

       
  • Space 2 - 3,000 -5,000 sf building



https://braunenterprises.com/property/1500-waugh/

https://braunenterprises.com/media/d/4/e/9/b/8/braun-enterprises-1500-waugh-v2.pdf

 

 



Site plan for the first floor:
 

  • Building total square footage: 40,305 sf
     

    • A - Office tenant (5,705 sf)

    • B - Fast casual food tenant (2,540 sf)

    • C - Salon tenant (2,280 sf)

    • D - restaurant tenant (4,280 sf)

    • E - Future pad site 


46K6lEz.jpeg

 

 

 

Site plan for the second floor (with infill):
 

  • Building total square footage: 40,305 sf
     

    • A - Office tenant (9,900 sf)

    • D - Restaurant tenant (4,200 sf)

    • Total square footage: 14,100 sf


 

Site plan for the second floor (without infill):
 

  • Building total square footage: 40,305 sf
     

    • A - Office tenant (8,700 sf)

    • D - Restaurant tenant (2,900 sf)

    • Total square footage: 11,600 sf

 

ZgkaA8E.jpeg

Link to comment
Share on other sites

8 hours ago, Noahb said:

Brochure from Braun:

https://braunenterprises.com/media/d/4/e/9/b/8/braun-enterprises-1500-waugh-v2.pdf

 

It’s going to be 2 stories with restaurant and office space. 
 

IMG_0618.jpeg


IMG_0617.jpeg


IMG_0613.jpeg




Below are proposed renderings for the forthcoming mixed-use planned at 1500 Waugh Dr. Based on marketing materials, the name of the development is 1500 Waugh Dr

As previously posted, Braun Enterprises, Zadok Jewelers' Jonathan Zadok, and Madison Commercial Real Estate Services purchased the former Wells Fargo site in December. 




qiVqni7.jpeg



QWXkopl.jpeg



PZLvXJz.jpeg



ASkSvPm.jpeg

  • Like 8
Link to comment
Share on other sites

  • 1 month later...

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
×
×
  • Create New...