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4411 San Felipe tops out and signs new lease with Ciel Restaurant + Lounge

DC Partners, the real estate development and investment firm, announced today the topping out of 4411 San Felipe, a mixed-use mid-rise Class A+ office and retail building. Now 60% leased, DC Partners is also pleased to announce their newest tenant CIEL Restaurant + Lounge, a luxury dining experience from Le Ciel Hospitality.

CIEL Restaurant + Lounge has signed a 10-year lease on 8,117 square feet of first level retail space. Led by general partners Fasl Ty, Ryan Henry, and Adel Sadek, CIEL (pronounced SEA el) will deliver a sophisticated dining and entertainment experience, unique in Houston. The chef-driven menu will feature modern Japanese and French cuisine, craft cocktails and a curated selection of champagne, wine and beer. With live performers, a DJ and more, CIEL promises a distinctive, luxe environment where you can eat, drink and celebrate.

“We are so pleased to be part of 4411 San Felipe and have already enjoyed working with DC Partners,” said Ryan Henry, President and Co-Founder of Le Ciel Hospitality. “We are located in the middle of Houston’s premiere dining and entertainment area, and we can’t wait to bring this concept to life.”

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Live image of construction progress.

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4411 San Felipe Rendering

Located inside I-610 West Loop South, 4411 San Felipe features a modern glass and steel edifice designed by HOK. The building features high-end retail on street-level, four-level podium parking garage and three floors of Class A+ office space. Offering the ideal “park and stay” work environment, the project is within walking distance to River Oaks District and is minutes from the Galleria and Uptown Park.

“4411 San Felipe is in a great location as it is part Galleria and River Oaks and that’s a big reason why tenants are quickly coming on board,” says Acho Azuike, chief operating officer for DC Partners.

Advancial Federal Credit Union, SIBS International and DC Partners, who will move their headquarters to the new building, have signed office leases. Construction is planned to be completed in Q4 2021.

The Colliers leasing teams for the building include Bill Insull, Blake Virgilio and Bob Parsley for the office portion and Hannah Tosch and Kim Lenardson for the retail portion. CIEL was represented by Doug Freedman of United Equities, Inc.

“We are pleased to see the progress of 4411 San Felipe, and look forward to the building be completed in December,” said Blake R. Virgilio, Vice President of Colliers. “The market has shown continued demand for new construction and we’re ready to continue the lease-up of Uptown’s newest mixed use development.”

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Blake Virgilio

Vice President

Houston

Blake represents the interests of office building owners and users in a strategic and effective manner. A Houston native with more than 10 years of experience in commercial real estate, he has developed direct expertise in marketing, research, finance and transaction negotiation skills. Blake’s extensive transaction history represents more than $300 million in volume totaling 450 transactions. He has consistently averaged more than 60 transactions a year totaling 2 million square feet.

Blake’s comprehensive approach focuses solely on his client’s goals. His clients often cite his diligent approach to projects both large and small. Through thorough financial and strategic marketing plans, Blake delivers proven results to his clients both on a local and national level. Blake’s clients say his urgency, result-driven focus and timely response have brought measurable economic value to their office properties.

Blake has been recognized by REDNews as a “Rising Star” in 2012. He has earned both the SIOR and CCIM designations. Prior to joining Colliers, Blake was with Caldwell Companies where he was a consistent top producer and achieved the largest closed transaction in 2018. He is the former Houston President of the Aggie Real Estate Network, and is an active member of SIOR, NAIOP, CCIM, Pi Kappa Phi Housing Corporation, and Houston's First Baptist Church.

Click here to visit the Houston Agency Leasing Group page. 

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Bill Insull

Senior Vice President

Houston

Bill brings more than 30 years of diversified real estate and business background to his approach to representing building owners. With more than 1,000 lease transactions completed on behalf of owners in San Francisco and Houston, he employs versatile, innovative approaches to creating, managing, and executing programs that target client and tenant needs to meet and exceed desired results. Bill's  primary focus is on office leasing and he has significant experience with industrial properties as well.

Bill’s approach to the business of commercial real estate ownership representation is that of a transaction-oriented and relationship-based self-starter. He employs an alert eye for identifying and executing pathways to capitalize on opportunities to reach goals by using effective sales/marketing, analytical, management, communication and interpersonal skills.

Bill earned his CCIM designation from the CCIM Institute. In his work for property owners, he has consistently outperformed market occupancy rates as exemplified by his work on behalf of Granite Properties, Inc. where he reached and maintained 99% occupancy on a five building multi-tenant office portfolio totaling ~ 1M SF.

Click here to visit the Houston Agency Leasing Group page. 

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Kimberly Lenardson

Vice President

Houston

Ms. Lenardson joined Colliers | Houston in 2012 as Vice President of Retail Services, bringing over 16 years of commercial real estate experience to the firm.  Kim is a dedicated retail specialist providing both landlord and retail tenant representation services.  She has worked with REITs on large portfolios as well as help local owners find smaller shop space.

Kim previously served as a Leasing Specialist with North American Properties – Southeast, Inc. | Ft. Myers, FL from 2007 to 2012.  She was primarily responsible for leasing document management of new leases, renewals, assignments and amendments of the North American Properties Ft. Myers portfolio consisting of Publix anchored and Target anchored centers throughout Florida and Georgia. The North American Properties Ft. Myers portfolio reached a scale of over 1.2 million square feet of GLA including approximately 360,000 square feet of small shop space. She acquired a working knowledge of shopping center construction with the ability to read construction plans. Assisted in site plan design of new developments along with building the design in accordance with creating merchandising plans.  Kim worked with many aspects of asset management including creating detailed reports for the purposes of Pro-Forma projections andlease assumptions. leasing summaries, competitive market surveys, and five-year budget projections.

Director of Sales and Leasing with Grand Bay Properties, LLC | Bonita Springs, FL from 2004 to 2007.  Retail leasing of grocery and specialty centers of up to 93,000 square feet as well as Class A office space.  Negotiated new and renewal lease agreements to ensure the best terms, compliance and obligations, with landlords, agents, attorneys and/or tenants directly.  Reviewed tenants construction documents, sign shop drawings and sample boards for conformity to Landlord’s criteria.  Monitored and verified negotiated construction to be built on schedule.

 Leasing Associate with Jones Lang LaSalle Americas, Inc.| Miami, FL from 2003 to 2004.  Represented Landlord, JP Morgan Investment Management, in leasing a 1.4 million square foot property with approximately 350 tenants.  Updated and distributed monthly reports to JP Morgan.

Property Administrator with Jones Lang LaSalle Americas, Inc. | Atlanta, GA and Miami, FL from 2002 to 2003.  Responsible for all aspects of lease administration including  compilation of lease documents for ownership approval and distribution of leasing status reports, rent rolls, and Winstack stacking plans.

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Hannah Tosch

Senior Associate

Houston

Hannah Tosch serves as a Senior Associate on the Houston retail team. Tosch has been in the business and with Colliers for 5+ years. Her primary focus is tenant representation services for local and national restaurant, retail and entertainment concepts. As a native Houstonian, Hannah combines her existing relationships with her passion for the restaurant industry to best serve her clients.

Hannah’s current client list includes Salata, Jollibee, German Doner Kebab, Aviator Pizza & Drafthouse, Flight Club, Ace Bounce, Putt Shack, Kids Empire, Chick’nCone, Tiny’s Milk & Cookies, Sambrooks Management, Earthcraft Juicery, Idle Hands, Parlor & Yard, Sola Salons, Crumbl Cookies, Mala Sichuan, Da Gama Canteen and other award-winning Houston chefs.

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