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Avison Young negotiates 21,392 sf office lease on behalf of Goree Architects, Inc. at Sage Plaza in Houston, TX
April 5, 2023
Houston, TX – Avison Young announced today it has negotiated a long-term, 21,392 square-foot (sf) office lease expansion on behalf of Goree Architects, Inc. for use as a component of its corporate headquarters within Sage Plaza located at 5151 San Felipe in the Galleria submarket of Houston, TX. As a result of this expansion, the tenant will double its space within the building, occupying floors 16 and 17 in their entirety.
Avison Young Principal Anthony Squillante and Senior Associate Collin Roach, who are out of the firm’s Houston office, represented the tenant. The landlord, BlackRock, was represented by Jessica Ochoa of CBRE.
“When we originally helped Goree Architects lease the 17th floor of Sage Plaza in 2020, the company moved from Bellaire to the Galleria so that it could upgrade facilities in an effort to attract and retain top area talent,” said Roach. “Since that time, the firm has grown substantially across all of its service lines, and we were able to negotiate an expansion just one floor down to accommodate this growth.”
Squillante added, “In my opinion, this Galleria area Class A office expansion represents another example of tier-one space being absorbed at a much higher velocity than lesser quality assets.”
Steve Craney, Managing Principal of Goree Architects, Inc., said, “Anthony and his team have done a great job assisting us during our rapid growth by securing great lease terms at a fantastic building that will continue to accommodate our future expansion.”
Jessica Ochoa, Senior Vice President of CBRE, said, “Goree’s decision to move to Sage Plaza and continue to expand speaks highly of the building’s renovations, convenient area amenities and the productive work environment it offers office tenants.”
Sage Plaza is a LEED Silver Certified 25-story building totaling 530,977 sf and was renovated in 2019. The property provides a hotel-style lobby, coffee bar, fitness center, 85-person auditorium, and outdoor lounge area, among other amenities.
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