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515 Post Oak Boulevard

Welcome Group Inks Lease For 18,445 Square-Foot Office At 515 Post Oak Boulevard Houston
LEASEDOffice

Welcome Group Inks Lease For 18,445 Square-Foot Office At 515 Post Oak Boulevard Houston

515 Post Oak Boulevard

Building Size

18,445 SF

Asset Type

Office

Closing

Apr 20, 2026

AI

The property asset involved in the transaction is an office space located at 515 Post Oak Boulevard in Houston. The asset features 18,445 square feet of office area, which will serve as the headquarters for Welcome Group, situated on the 12th floor of the building.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not disclosed
  • Size: 18,445 SF
  • Address: 515 Post Oak Boulevard
  • Market: Houston
  • Tenant: Welcome Group
  • Broker Representation: Parker Duffie & Joel Douthit - CBRE

CBRE represented the landlord in the lease transaction, while Welcome Group managed the deal in-house, marking a strategic expansion of their office presence in the Houston market.

Players

Parker Duffie

CBRE

Broker

5 deals

Broker
Welcome Group
Welcome GroupTenant

Houston Office Market Snapshot

Boundary boundary · Office · Lease transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93