HOUSTON – (Realty News Report) – NewRez LLC, a national mortgage lending and servicing company, has signed a long-term lease for 60,188 square feet of office space at 17000 Katy Freeway in the Energy Corridor of west Houston.
Transwestern’s Executive Vice President Eric Anderson and Vice President Parker Burkett provided agency leasing services on behalf of the building owner, InSite 17000 KF LP, an affiliate of Insite Realty Partners, LP.
NewRez, operating as Shellpoint Mortgage Servicing, is currently located at 2020 S. Dairy Ashford. The firm plans to relocate in approximately four months, said Colliers Executive Vice President Marshall Clinkscales, who represented NewRez.
“We are extremely excited to secure a high-quality tenant for the entire top floor at 17000 Katy Freeway,” said Burkett. “The building delivers many of the features NewRez sought to elevate its image and improve operational efficiency. We look forward to having NewRez as a tenant and for them to benefit from the exceptional access and visibility the property provides.”
The mortgage company’s name will be prominently displayed with rooftop signage.
The 174,521-square-foot Class A office building is currently about 70 percent leased. The entire ground floor, comprising 53,000 contiguous square feet, is available and can be subdivided to suit a variety of users.
The 17000 Katy Freeway property is located near Barker Cypress Road and Park Row Road, west of Highway 6, within Houston’s Energy Corridor. The Energy Corridor runs along the Katy Freeway (Interstate 10) from Kirkwood Road west past Barker Cypress Road, and continues south along Eldridge Parkway to south of Briar Forest Drive.
April 20, 2021 Realty News Report. Copyright 2021.
Image: Courtesy Transwestern
For more on Texas real estate, see the book Houston 2020: America’s Boom Town – An Extreme Close Up by Ralph Bivins.
File: Mortgage Firm Leases Space in the Energy Corridor