{"id":394065,"date":"2026-07-31T22:44:09","date_gmt":"2026-07-31T22:44:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-tx\/394065\/"},"modified":"2026-07-31T22:44:09","modified_gmt":"2026-07-31T22:44:09","slug":"the-wideman-co-buys-downtown-tower-from-brookfield-the-houston-deal-sheet-july-31-2026","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-tx\/394065\/","title":{"rendered":"The Wideman Co. Buys Downtown Tower From Brookfield: The Houston Deal Sheet (July 31, 2026)"},"content":{"rendered":"

The Wideman Co. bought TotalEnergies Tower,\u00a0a 35-story\u00a0Class-A\u00a0office tower at 1201 Louisiana St. in Downtown Houston<\/a>, from Brookfield Properties<\/a>.<\/p>\n

\"Placeholder\"\/<\/p>\n

\n TotalEnergies Tower\n <\/p>\n

The purchase adds 850K SF of office space to The Wideman Co.\u2019s portfolio, which also includes Jones on Main\u00a0at 708 and 712 Main St. that the Orlando, Florida-based company acquired in 2024.\u00a0<\/p>\n

\u201cWe have been actively looking for the right opportunity to make another significant investment in Houston since acquiring Jones on Main,\u201d The Wideman Co. CEO Matthew Wideman said in a statement.<\/p>\n

\u201cHouston continues to demonstrate the characteristics we look for in long-term investments: a globally significant economy, a deep corporate tenant base, and a downtown district that is seeing meaningful reinvestment and renewed momentum.\u201d<\/p>\n

The Wideman Co. intends to hold the TotalEnergies Tower long term, according to a press release from Downtown Houston+. The building is home to TotalEnergies\u2019 North American headquarters and the Petroleum Club of Houston, which occupies the penthouse level.<\/p>\n

Partners Real Estate\u2019s Vince Strake and Lesley Rice will head leasing initiatives.\u00a0<\/p>\n

PEOPLE<\/p>\n

Drew Morris joined Cushman & Wakefield\u2019s Houston office tenant representation group as an executive managing director. He will continue to specialize in real estate solutions for clients and their portfolios.\u00a0<\/p>\n

Morris brings nearly 30 years of commercial real estate experience, having closed more than 500 transactions on\u00a0over 11M SF of commercial real estate space. He joins Cushman & Wakefield from Savills, where he was an executive managing director.<\/p>\n

***<\/p>\n

\"Placeholder\"\/<\/p>\n

\n Courtesy of Avison Young\n <\/p>\n

\n Matthew Seliger\n <\/p>\n

Avison Young hired Matthew Seliger as principal and market leader of its Houston office. Seliger replaces Wade Bowlin, who joined Lee & Associates<\/a> in December.\u00a0<\/p>\n

Seliger joins Avison Young from Stream Realty Partners, where he spent four years as vice president, office leasing. Before Stream, he spent nine years at Transwestern, representing office and industrial tenants and providing agency leasing services.<\/p>\n

As market leader, Seliger will focus on growing Avison Young’s Houston platform. His vision includes expanding the brokerage business and investing in talent.<\/p>\n

\u201cMatthew brings a proven track record of brokerage excellence, strong market relationships, and a collaborative leadership style that aligns with our culture,\u201d Harry Klaff, principal and U.S. president of Avison Young, said in a statement. \u201cHis experience and vision make him the right leader to accelerate our growth in Houston … one of the nation’s most competitive real estate markets.\u201d\u00a0<\/p>\n

***<\/p>\n

Hunington Properties, a Houston-based private commercial real estate investment, development, management and brokerage firm, appointed Scott Lunine as president of Hunington Properties Brokerage.\u00a0<\/p>\n

Lunine, who has 25 years of experience, will direct the expansion of the firm\u2019s brokerage platforms across Texas and Florida, overseeing talent development and relationships across the firm\u2019s landlord and tenant leasing and investment sales practices.<\/p>\n

Lunine most recently served as partner and executive vice president of brokerage at Partners Real Estate.\u00a0<\/p>\n

SALES<\/p>\n

Triten Real Estate Partners acquired 3 Corners West, a 283-unit apartment community at 10105 Kempwood Drive in Houston\u2019s Memorial\/Spring Branch area.<\/p>\n

The acquisition completes Triten and Evergen Equity\u2019s purchase of the three-property 3 Corners multifamily portfolio, which spans 997 units across more than 35 acres along Kempwood Drive. The partnership acquired 3 Corners North and 3 Corners East in November 2025.\u00a0<\/p>\n

The portfolio was previously owned<\/a> by Nitya Capital. Triten will implement an operating strategy across the properties, focusing on efficiency, maintenance, and improved performance and experience for residents.<\/p>\n

JLL represented the seller. Triten represented itself. Evergen Equity was Triten\u2019s capital partner on the portfolio acquisition.<\/p>\n

***<\/p>\n

A Michigan-based investor bought Brazos E-Z Storage, a 44K SF self-storage facility at 1819 Texas Highway 332 in Lake Jackson. Built in 1974, the facility has 382 storage units.<\/p>\n

Dave Knobler, Charles \u201cChico\u201d LeClaire, Adam Schlosser and Mixson Staffel of Marcus & Millichap marketed the property on behalf of the Houston-based seller and procured the buyer.<\/p>\n

***<\/p>\n

Harbor Hill bought the Workshops at Breen at 5801 Breen Drive. Built in 2021, the multitenant\u00a0industrial property totals 50K SF across eight buildings.\u00a0<\/p>\n

Grant Roosma, Adam Abushagur and Tyler Ranft of Marcus & Millichap represented the seller, Harbor Capital, and procured the buyer. Cullen Atchison and Hayden Sieling with IPA Capital Markets secured acquisition financing with City Bank’s Joe Skalak and Maddie Dichiara.\u202f\u202f<\/p>\n

***<\/p>\n

Rivergate Capital bought Bennington Business Park, a 33K SF industrial property at 301 Bennington St. Moody Rambin\u2019s Stephen Ghedi and Lawton Anderson represented the seller, Crescere Capital.\u00a0<\/p>\n

LEASES<\/p>\n

Superior Energy Services signed a 56K SF lease at 8020 Katy Freeway, a 225K SF Class-A office building in Houston\u2019s I-10 West Corridor. The company will relocate from the Kinder Morgan Building at 1001 Louisiana St. in Downtown Houston. Lucian Bukowski and David Guion of Stream Realty Partners represented Superior Energy.<\/p>\n

Arium Networks also signed a 28K SF lease at 8020 Katy Freeway. The leases bring the building, which was developed by Crown Castle as its headquarters in 2021, to 100% occupancy. Crown Castle continues to occupy the rest of the building.<\/p>\n

Transwestern\u2019s Eric Anderson and John Heard represented the landlord, Crown Castle, in both leases.<\/p>\n

***<\/p>\n

\"Placeholder\"\/<\/p>\n

\n Courtesy of Gil McCollin of McCollin Photography\n <\/p>\n

\n Westway Plaza\n <\/p>\n

Jiffy Lube leased 28K SF for its new Houston headquarters at Westway Plaza, the 327K SF office building at 11330 Clay Road. The relocation from the Shell Woodcreek Campus, expected in August, follows Monomoy Capital Partners\u2019 acquisition of Jiffy Lube from Shell Oil.<\/p>\n

Stream\u2019s Lucian Bukowski represented Jiffy Lube. Partners Real Estate\u2019s Brad Beasley and Chip Colvill represented the landlord.\u00a0<\/p>\n

***<\/p>\n

M&C Pump Americas renewed its 20K SF lease at 15360 Vantage Parkway W. Oxford Partners\u2019 Sam Marnoy and Matt Rogers represented the tenant. The landlord, Old House Capital, was represented by Will Clay and Angela Watford of JLL.<\/p>\n

CONSTRUCTION AND DEVELOPMENT<\/p>\n

National Property Holdings plans to develop a 1.1M SF industrial project at 500 and 700 Igloo Road in Katy. Katy Prairie Business Park will include two buildings: Phase 1, totaling 402K SF, and Phase 2, totaling 681K SF.\u00a0<\/p>\n

CBRE\u2019s Faron Wiley, Billy Gold, Charles Herold and Jett Bush will market the project for lease.<\/p>\n

***<\/p>\n

Inwood Partners broke ground on Inwood Rose Hill, a\u00a0360-unit garden-style community\u00a0at the southeast corner of Cypress Rose Hill Road and the Grand Parkway.<\/p>\n

Inwood Partners, a Houston-based multifamily investment and development firm, was founded by David Ott, who previously led Texas development for Hanover Co.<\/p>\n

Inwood Partners acquired the development site from Radius Development, the master developer of mixed-use projects at the southeast and northeast corners of Cypress Rose Hill Road and Grand Parkway. Josh Jacobs of The Blue Ox Group represented Inwood Partners in the off-market transaction.<\/p>\n

Inwood Rose Hill will be adjacent to Radius Development\u2019s southeast-corner retail district, Rose Hill Village, and will overlook a 15-acre lake. Site work is underway, with the first residences slated for completion in\u00a0summer 2027.<\/p>\n

Bank of Texas is providing construction financing, with Jason Walker leading. Cullen Atchison and Hayden Sieling of Institutional Property Advisors advised Inwood Partners.<\/p>\n

The project team includes:\u00a0<\/p>\n

General contractor: Domain Builders
\nArchitect: W Partnership
\nCivil engineer: Kimley-Horn
\nStructural engineer: VSM Squared
\nMEP engineer: CFI Cos.
\nLandscape architect: KW Landscape Architects
\nInterior designer: Kathy Andrews Interiors<\/p>\n

***<\/p>\n

\"Placeholder\"\/<\/p>\n

\n Courtesy of Bogza\n <\/p>\n

\n Rendering of Park Row\n <\/p>\n

OHT Partners broke ground on Park Row, a 360-unit apartment community at 14192 Park Row Blvd. in the Energy Corridor area. One- and two-bedroom units will range in size from about 700 SF to 1,250 SF in a three-story building.<\/p>\n

Amenities will include coworking areas with private offices, detached garages, electric vehicle chargers, smart locks and Wi-Fi-enabled control panels.<\/p>\n

Park Row team members include:<\/p>\n

General contractor: OHT Partners
\nArchitect: Meeks + Partners
\nCivil engineer: Quiddity Engineering
\nStructural engineer: United Structural Consultants
\nMEP Consultant: CFI Cos.
\nLandscape architect: Blu Fish Collaborative
\nInterior designer: Ellie Aiello Interiors<\/p>\n

FINANCING<\/p>\n

Sundance Bay secured $95.7M in financing for a two-property, 626-unit multifamily portfolio. The portfolio includes Grove East, a 324-unit garden-style community built in 2021 at 9300 N. Sam Houston Pkwy E. in Humble. Adjacent to Generation Park, the property was 93% occupied at closing.\u00a0<\/p>\n

Cushman & Wakefield\u2019s Texas equity, debt and structured finance team arranged the financing, with Chase Johnson and Caleb Riebe leading. Cushman & Wakefield\u2019s Jennifer Campbell, Josh Hoffman, Grant Raymond and Asher Hall, as well as Greystone\u2019s Richard Kourbage, supported the transaction.<\/p>\n

The financing consists of $76.2M in senior debt provided by Benefit Street Partners and a $19.5M mezzanine loan through CCL Capital.<\/p>\n","protected":false},"excerpt":{"rendered":"The Wideman Co. bought TotalEnergies Tower,\u00a0a 35-story\u00a0Class-A\u00a0office tower at 1201 Louisiana St. in Downtown Houston, from Brookfield Properties.…\n","protected":false},"author":2,"featured_media":394066,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[4904,56,58,57,138666,138663,13228,138662,138665,138664],"class_list":["post-394065","post","type-post","status-publish","format-standard","has-post-thumbnail","category-houston","tag-downtown-houston","tag-houston","tag-houston-headlines","tag-houston-news","tag-lesley-rice","tag-matthew-wideman","tag-partners-real-estate","tag-the-wideman-co","tag-totalenergies-tower","tag-vince-strake"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/394065","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/comments?post=394065"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/394065\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media\/394066"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media?parent=394065"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/categories?post=394065"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/tags?post=394065"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}