Colliers is pleased to announce the sale of Ten Plaza West, a 105,289 square foot office building, located at 15915 Katy Freeway in Houston, Texas. David L. Carter of Colliers represented the seller, DIG TPW, LLC, in the transaction.
The 6-story, Class B building is situated on 3.61 acres in the Energy Corridor. The property features a renovated café, updated lobby with new lighting, and enhanced common areas and bathrooms. With pristine reservoir and nature views to the south, the building is architecturally appealing with varying roof heights and a dramatic glass lobby.
The property is located in Houston's Katy Freeway West office submarket. The Katy Freeway West submarket contains 28 million square feet and is currently 76% occupied. The average asking rental rate for the submarket is $28.91 per square foot.