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2415 Westheimer Rd: 14-Story Office Building


sevfiv

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On 5/16/2024 at 4:16 PM, shasta said:

Not a good sign.

Madison Marquette waited out leases on the Westmont project for over 10 years before they sold it to Skanska, GID sat on the Regent Square properties for over a decade before they built a part of it. I think this developer is willing to wait for a better economy, lower interest rates till they develop this project.

This property is actually called "Town Center West". It is being managed by SCM Services. The reason I even looked this up was because I noticed an empty portion on the western part of it and looked it up.

They show Frost Bank in to the end cap where the old sign is painted over but I'm sure Frost Bank moved out. The section next to it is for lease, I noticed the boarded up windows and that is what drew my attention.

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Waiting out the leases?

http://scmrs.com/images/SCM_updates_05-31-17/Town West Center Flier (003).pdf

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