The asset involved in the transaction is an office space located at 1177 West Loop South in Houston, featuring a total square footage of 25,840. The lease transaction has been secured for this property.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: Not disclosed
• Address: 1177 West Loop South
• Market: Houston
• Landlord: Greg Munson - Transwestern Real Estate Services
• Tenant: Kyle Dean - Dean & Draper Insurance
• Landlord's Rep: Kelli Gault, Doug Little & John Heard - Transwestern
• Tenant's Rep: Anthony Squillante & Dustin Devine - Avison Young

A long-term lease was secured by Avison Young for Dean & Draper Insurance, which will occupy the 8th and 10th floors of the building. The move signifies a 40% increase in space for the tenant, with the intention to enhance employee commuting, improve office amenities, and facilitate future growth for the firm.