Houston, TX, December 10, 2018 – The NAI Partners Office Project Leasing team of Lesley Rice and Andy Parrish has been on a roll this fall, arranging nearly one new lease or renewal per week over the past two months at Wells Fargo Business Park, a 104,212-sq.-ft. flex business park located in north Houston. All told the duo has completed more than 30,000 sq. ft. of transactions at the property in under 60 days, driving occupancy to nearly 98%.
Even more impressive is that Wells Fargo Business Park was acquired by the NAI Investment Fund just this past August, underscoring how swiftly Mrs. Rice and Mr. Parrish have moved since being awarded the leasing assignment by the NAI Investment Fund’s Senior Vice President, Andrew Pappas.
“I have been deeply impressed with Lesley and Andy’s comprehensive work ethic and dexterity in helping us execute our strategic plan at Wells Fargo Business Park,” said Mr. Pappas. “This investment serves as a strong case study in our team’s ability to acquire quality assets and aggressively add value for our investors through our hands-on management and leasing approach.”
Tenants signed by Mrs. Rice and Mr. Parrish include Amish Cabinets of Texas, Baked Popcorn, Infratel, DynaQual, Light My Safe, and Treasures for Less.
The NAI Investment Fund I portfolio currently consists of one retail building at Spring Park Village; 11301 Fallbrook Drive, a medical office building in Houston; and Marymont Park, a one-story office park in San Antonio. Fund II consists of retail center San Marcos Place; Wells Fargo Business Park, a flex/industrial project in North Houston; and Royal Montreal Plaza, a retail center in Katy.
For more information, please contact Larry Koestler, Vice President of Marketing & Communications, NAI Partners at 713.629.0500.
About NAI Partners
Houston | Austin | San Antonio
NAI Partners is the 5th-largest Houston-Area Commercial Real Estate Brokerage, the #1 Mover of Square Feet among leasing and sales brokerages, the largest independently owned and among the largest owner-operated commercial real estate firms in Houston, Texas, per The Houston Business Journal. NAI Partners was founded and is headquartered in Houston and has offices in San Antonio and Austin; offers the geographic expertise to complete real estate transactions throughout the state of Texas; and can leverage the power of the NAI Global network to arrange deals in any location throughout the world. NAI Partners employs more than 100 real estate professionals, and arranges more transactions than any of its competitors, completing over 500 commercial lease and sale arrangements every year. NAI Partners is a full-service firm offering client leasing and sales solutions in the areas of office tenant representation, office landlord representation, industrial tenant representation, industrial landlord representation, landlord services, retail services, property management, investment sales, an investment fund, and project management, among other services. The company has been named a Best Place to Work by the Houston Chronicle, Houston Business Journal and Austin Business Journal, and is among the University of Houston’s Cougar 100 Fastest-Growing Companies.
Commercial real estate in Houston, Austin and San Antonio. NAI Partners offers full-service commercial real estate solutions to Houston, Austin and San Antonio, and has been serving the Houston commercial real estate needs of its clients for more than 20 years. We specialize in finding office space, industrial space and retail space, and can arrange an office lease, industrial lease or retail lease for your company. Our brokers help tenants and landlords or property owners of any size find the perfect real estate space or location for their business needs. For more information, contact us today.