Press Release
38,000 Square Feet in Deals Completed
June 05, 2024
HOUSTON – Wolf Capital Partners and Transwestern Real Estate Services (TRS) announce the completion of the interior renovation at HeightsMED, the only Class A medical office building in the Heights neighborhood. The 120,000-square-foot asset located at 427 W. 20th St. has a completely refreshed lobby and common areas on levels three and four.
“The vision for the redevelopment was inspired by the Heights neighborhood’s rich history,” said Zachary Wolf, Principal of Wolf Capital Partners. “Our goal is to improve the patient experience by providing a boutique wellness ambiance in proximity to Heights’ residents, creating a walkable healthcare solution for many.”
In the last 12 months, 38,253 square feet of leases have been signed at the newly renovated building. Transwestern’s Justin Brasell and Christian Connell represented Wolf Capital Partners in lease negotiations.
“With recently completed capital improvements, HeightsMED now rivals some of the premier Class A medical office buildings across Houston,” said Brasell. ”Wolf Capital Partners has followed through with their commitment to invest significant capital, repositioning the property, just two years from building acquisition.”
Phase III of the extensive renovation commenced in April and will include an overhaul of the exterior façade, a new vehicle access and arrival experience, an outdoor patio with seating areas and two additional interior floor renovations. CTC continues as the general contractor on the project, which is estimated to be completed in the fourth quarter of 2024.
In addition to Agency Leasing, Transwestern also handles Asset Services, including property and construction management at HeightsMED.
About Wolf Capital Partners
Founded in 2019 in Houston, Texas, Wolf Capital Partners is a commercial real estate development firm dedicated to increasing value across all asset classes and contributing to the community. WCP believes in making a long-term positive impact on the communities it touches, and it partners with best-in-class people to do so.
About Transwestern Real Estate Services
Part of the Transwestern companies, Transwestern Real Estate Services (TRS) strives to add value for investors, owners and occupiers across all commercial property types. Fueled by a holistic perspective of the real estate life cycle, agility and creativity are hallmarks of our approach, while vast national resources and sound market intelligence underpin customized recommendations and property solutions.
Five dynamic, integrated companies make up the Transwestern enterprise, giving us the perspective to think broadly, deeply and creatively about commercial real estate. Clients and investors rely on us for expertise that spans institutional and opportunistic investment, development, hospitality, and brokerage and asset services. Our award-winning, collaborative culture empowers team members with resources and independence to work across boundaries in pursuit of innovative solutions, reinforcing a reputation for service excellence that translates to measurable results. Through offices nationwide and alliance partners around the globe, we positively impact the built environment and our communities while fostering a work climate that champions career vitality for all. Learn more at transwestern.com and @Transwestern.
Media Contact:
Montgomery Angel
346.232.8625
Montgomery.angel@transwestern.com
twmediarelations@transwestern.com
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