Wolff Companies’ Post

Industrial activity continues in Northwest Houston with a sale of an 84,651-square-foot industrial building, which is part of Union Crossing Business Park, a six-building development. https://lnkd.in/dA-FuXnw

One & Two Westway, a 193,854-square-foot office campus in the Wolff Companies' legacy office project - Westway Park in West Houston was recently sold to an undisclosed buyer. Testament to the quality of development in our master-planned environments and the demand for quality office space in West Houston, the two buildings were 95 percent leased at the time of sale to four tenants in the healthcare, education, energy and homebuilding sectors.  https://lnkd.in/dqvRpdXC

With major residential and commercial developments underway, the US 290 Corridor continues to strengthen its status as the next major growth corridor in Houston. The availability of large tracts of land, the quality of the local school district, and improved mobility have placed Waller County in the path of growth, not unlike the opportunity Wolff Companies saw years ago along I-10 in The Energy Corridor. Click the link below for a summary of recent transactions, commercial development, and demographic trends along the 290 Corridor. https://lnkd.in/dAJR5wMt #WallerCountyTx #HoustonDevelopment #HoustonCRE #WestHouston #NWHouston #RealEstate #CRE

According to Elliott Hirshfeld with Newmark, Houston's office leasing activity over the past several quarters has been mainly driven by energy, engineering, and chemical companies, as well as financial institutions. Most of these are occurring in West Houston, specifically the Energy Corridor, in buildings along Interstate 10 that are amenity-rich and close to all types of the employee continuum. https://lnkd.in/dBW-h2Vm

Ersa Grae Corporation plans to develop a single-family development on the site, adding to the growing number of residential options in Waller County. https://lnkd.in/eF_SWbPA

More businesses in downtown Houston are headed to the western suburbs. According to a report by Savills, many companies are flocking to West Houston and relocating “to be closer to their workforce.” Some of the largest lease transactions in 2023 and for the first 90 days of 2024 were in West Houston. https://lnkd.in/dsubqpbh

West Houston is not only the hive of office activity. The area is also a magnet for new restaurants, driven by the growing younger and more diverse population, combined with the area’s increasing density and high income. https://lnkd.in/gG2_BRaa 

Wolff Companies is often recognized as a West Houston pioneer and originator of The Energy Corridor. Today, Greater West Houston is one of the fastest growing communities in the United States, with its own “urban core” which supports 150,000+ employees and 37 million square feet of office space, rivaling Houston’s CBD and the Galleria. By 2030, almost 2.6 million people or 21.6% of Houston metro population will call West Houston home. Check out our West Houston update to learn more about recent transactions, upcoming projects and more. https://lnkd.in/dBuEkEvg

The move is part of a larger trend of companies searching for newer and more modern buildings in the Energy Corridor, Memorial City, and CityCentre. For Noble, the decision to move was based not only on a desire for a new state-of-the-art-building, but also reducing commute times for employees who live predominantly in Houston's western suburbs.  https://lnkd.in/gZmRUyt5