Lucy Morillo Of LM & Associates Acquires 93,578 SF Office Building In Houston From Rudy Prio Touzet

The transaction involves the sale of an office asset located at 15990 North Barkers Landing Road in Houston, characterized by a total area of 93,578 square feet. The property is positioned within the Energy Corridor and is reported to be 92% leased, with notable tenants including thyssenkrupp and 2H Offshore, showcasing significant leasing activity in the surrounding submarket.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: Not specified
• Date of Transaction: 02/06/2025
• Buyer: Lucy Morillo - LM & Associates
• Seller: Rudy Prio Touzet - Banyan Street Capital
• Broker: Martin (Marty) Hogan - JLL

JLL Capital Markets facilitated the transaction, transitioning the ownership of Timberway One from Banyan Street Capital to LM & Associates. This deal reflects the ongoing movement of companies to the west within the Houston market, indicating a strong demand for office space in the area.