Lee & Associates – Houston Arranges Office Lease for Entech’s Class A Relocation

AUGUST 17, 2017 (HOUSTON) – Lee & Associates – Houston, a nationwide leader in commercial real estate services, represented Entech Civil Engineers, Inc. (Entech) in a 15,346-square-foot office lease at 15021 Katy Freeway in Houston. With this move, the company is tripling its local footprint and upgrading to a Class A building, a strategic move at a time when office vacancies are nearing record highs in the Energy Corridor.

“Entech’s decision to relocate was a logical one,” said Rob Johnson, director at Lee & Associates – Houston. “The increased size will accommodate the company’s growth requirements, while the upgraded office space and building amenities will help attract and retain talent. The ability to remain within the Energy Corridor keeps Entech within Houston city limits, but is far enough west for team members that live in the Katy area.”

Due to a lull in office leasing activity and office lease transactions of this size, companies like Entech are taking advantage of current market conditions. “This is a tenant’s market,” continued Johnson. “The situation is one that is benefiting those companies whose leases are expiring or have the foresight to renew early and extend their lease term. Companies currently occupying Class B buildings have an opportunity to upgrade to Class A offices at a reduced cost. It’s a great opportunity for companies like Entech and I anticipate we’ll see more activity like this in the near future.”

Rob Johnson represented the tenant, and Kevin Wyatt of Lincoln Property Company represented the landlord, Invesco.

About Lee & Associates – Houston
Lee & Associates – Houston is a fully-integrated commercial real estate company with unrivaled capabilities and an unwavering dedication to integrity. Our business-minded brokers specialize in office, industrial and land real estate investments. As the fastest-growing broker-owned firm in the nation, with more than 60 office locations in North America, we are uniquely qualified to support our clients’ real estate needs in the local, national and international markets. For more information, visit www.lee-associates.com/houston/.