Bridgeway Capital Signs Lease for Space in Former Innova Building

The former Innova Building at 20 Greenway Plaza in Houston.

HOUSTON — Bridgeway Capital Management has leased 14,256 square feet in the 20 Greenway Plaza office building located inside Houston’s Inner Loop.

NAI Partners broker Griff Bandy represented Bridgeway Capital Management in the transaction. The landlord, 20 Greenway Plaza LLC, was represented by Steve Rocher of CBRE.

20 Greenway Plaza is a 10-story office tower totaling approximately 470,000 square feet. The building sits near the intersection of Weslayan and Richmond Avenue and is notable for its distinctive architectural design.

Originally known as the Innova Building, the property has changed hands several times. TPMC Realty, led by David Weinreb, purchased the tower in 1994 and later sold it to Koch Industries in 1997. Principal Real Estate Investors acquired the asset and announced a roughly $5 million renovation in 2014 to update building systems and common areas.

The new lease by Bridgeway Capital Management adds to the building’s tenant mix and reflects continued demand for well-located office space inside the Loop.

Oct. 11, 2017 Realty News Report Copyright 2017