David Z. Mafrige Interests (DZMI) has acquired The Tower at 290, a prominent 12-story, Class A office building located at 13430 Northwest Freeway in Houston. Stream Realty Partners, a national commercial real estate firm offering an integrated platform of services, has been engaged to represent DZMI in the leasing of the building. Stream Vice President Matt Asvestas and Senior Associate Danielle Rothchild are spearheading the effort on behalf of DZMI.
The Tower at 290, which DZMI acquired at the end of February, has 245,846 square feet of prime office space strategically situated in the Northwest submarket just minutes from the junction of U.S. 290 and Loop 610. DZMI is committed to enhancing the property’s appeal with renovations underway in the lobby. There are further amenity and common area upgrades planned.
“We are thrilled to expand our partnership with DZMI at The Tower at 290,” said Asvestas in a statement. “Stream and DZMI share a track record of success, and we are dedicated to delivering exceptional results at this premier location. Office users will be proud to call The Tower at 290 home.”
“The Tower at 290 is a great addition to our office portfolio,” said Zach Mafrige, Vice President at DZMI. “We have seen strong demand at our buildings across the city leading to a strong conviction to acquire The Tower at 290. We are excited to offer the best building and management along the 290 corridor. We value our longstanding relationship with Stream and are confident in their market expertise to increase occupancy at The Tower at 290 with quality tenants.”
Stream Houston currently leases and manages more than 9 million square feet of office space in the Metro area. The regional office has more than 120 employees.
