(Kingwood, TX –January 31, 2023) SVN | J. Beard Real Estate – Greater Houston has recently completed the sale of a Class A, multi-tenant office building located at 1710 West Lake Houston Pkwy. in Kingwood, TX. The 25,669-square-foot building sits on 1.99 acres and is located within a growing residential and commercial market. The attractive, two-story building was originally designed and built in 2007 by Woodforest National Bank primarily for retail banking and operations as part of the mixed use King’s Harbor development. At the time of sale, the building included a mix of corporate tenants. Genesis Medical Group will occupy the majority space, expanding their highly-rated Primary Care, Medical Spa, and Urgent Care to provide better care closer to home.
Jeff Beard, CCIM, of SVN | J. Beard Real Estate – Greater Houston represented the seller, Woodforest National Bank. Bonnie Pfrenger, also from SVN | J. Beard Real Estate – Greater Houston, represented the buyer, Fire King Holdings, LLC in the transaction.
“It was a pleasure to work with a great long-term client in Woodforest and another team member of the SVN | J. Beard Real Estate – Greater Houston on this deal. Representing both the buyer and the seller gave us a unique opportunity to showcase the ‘SVN Difference’ and be creative, ensuring both parties fully reached their objectives creating a win for all involved,” said Beard.
About SVN | J. Beard Real Estate – Greater Houston
SVN | J. Beard Real Estate – Greater Houston an independently owned and operated SVN® office located in The Woodlands, TX. The SVN® brand is a globally recognized commercial real estate entity united by a shared vision of creating value for clients, colleagues and communities. Currently, SVN comprises over 1,600 advisors and staff working in more than 200 offices across the globe. SVN’s brand pillars represent the transparency, innovation and inclusivity that enable all our advisors to collaborate effectively with the entire real estate industry on behalf of our clients. SVN’s unique Shared Value Network® is just one of the many ways that SVN Advisors create outsize value for all stakeholders. For more information, visit www.jberadcompany.com.