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3200 Wilcrest Drive, 3rd Floor - Suite 380

Westchase Iii

Houston, TX 77042

  • 2,933 sqft~ 19 seats
  • $18 psf

Listing Details

  • Property TypeOffice
  • Lease TypeDirect Lease
  • Lease Term3, 5 and 7 yrs

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Building Details

  • Walk Score®65
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  • Availability

    UnitSizeSeatsPriceInquire
    Office Space~ 0sqft~ 0~$28 psf
    Suite 470837sqft~ 5~$28 psf
    Suite 475842sqft~ 5$18 psf
    Suite 2101,122sqft~ 7$19 psf
    Suite 4901,218sqft~ 8$18 psf
    2nd Floor - Suite 2251,228sqft~ 8$18 psf
    Suite 1251,404sqft~ 9$18 psf
    2nd Floor - Suite 2401,532sqft~ 10$18 psf
    2nd Floor - Suite 2001,729sqft~ 11$27 psf
    4th Floor - Suite 4201,981sqft~ 13$18 psf
    4th Floor - Suite 41201,981sqft~ 13~$28 psf
    Suite 5752,024sqft~ 13$19 psf
    Suite 4002,034sqft~ 13$28 psf
    Suite 4602,132sqft~ 14$18 psf
    Suite 3502,236sqft~ 14$18 psf
    Suite 3702,478sqft~ 16Inquire for pricing
    5th Floor - Suite 5252,544sqft~ 16$18 psf
    Suite 5252,544sqft~ 16~$28 psf
    Suite 4002,871sqft~ 19$19 psf
    3rd Floor - Suite 3802,933sqft~ 19$18 psf
    Suite 3802,933sqft~ 19$19 psf
    Suite 3152,950sqft~ 19~$28 psf
    Suite 1903,550sqft~ 23$19 psf
    Suite 4503,911sqft~ 26$18 psf
    Suite 4403,911sqft~ 26$19 psf
    Suite 1104,146sqft~ 27$18 psf
    Suite 4604,192sqft~ 27$18 psf
    Suite 2204,353sqft~ 29$18 psf
    Suite 2254,507sqft~ 30$19 psf
    3rd Floor4,507sqft~ 30$19 psf
    4th Floor - Suite 4505,424sqft~ 36$18 psf
    Suite 1255,550sqft~ 37~$28 psf
    Suite 1105,550sqft~ 37~$28 psf
    1st Floor - Suite 1606,015sqft~ 40$18 psf
    4th Floor - Suite 4156,254sqft~ 41$18 psf
    Suite 4156,254sqft~ 41~$28 psf
    Suite 2556,446sqft~ 42$19 psf
    Suite 4507,405sqft~ 49~$28 psf
    1st Floor - Suite 1707,554sqft~ 50$18 psf
    Suite 5508,820sqft~ 58$19 psf
    Suite 20012,075sqft~ 80~$28 psf
    Suite 22512,075sqft~ 80~$28 psf
    Suite 21012,075sqft~ 80~$28 psf
    Suite 25512,075sqft~ 80~$28 psf
    Office Space Suite13,000sqft~ 86Inquire for pricing
    Suite 25013,679sqft~ 91$19 psf
    Suite 50014,126sqft~ 94Inquire for pricing
    Suite 25027,483sqft~ 183~$28 psf

    Map

    Neighborhood

    Westchase

    In a city known for its petroleum, Westchase is known for the companies that manage and distribute oil. Chevron was one of the first businesses to establish operations in Westchase, and other companies in the industry soon followed suit. Today, the business-management district – which was officially established in 1995 – is home to more than 1,500 businesses; some of the most recognizable tenants are frontrunners in the national and global energy industries.

    However, a number of major corporations in separate fields – including several Fortune 200 companies – have their headquarters here. In addition to energy-related companies, there are engineering and construction businesses, all of which put Westchase on the map as a diverse space for cross-industrial leaders.

    The Westchase Management District provides branding, urban planning, and public safety functions for the businesses within its special district boundaries.

    Westchase Office Space | Lease Data & Trends

    Westchase is a standalone sector of the Energy Corridor, counting over 13 million square feet of inventory. It has an overall direct vacancy rate of 20%, almost exactly equal to the Houston citywide average. Nearly 9 million of the square feet available in Westchase is Class A space; this space has a 21% direct vacancy rate, and an average direct asking rate of $31 per square foot. This is considerably lower than the average direct asking rate for other Class A space in the city, which goes for just over $35 per square foot.

    The remaining 4 million square feet of available inventory is Class B space, which has an 18% direct vacancy rate. Despite this being lower than the Houston direct vacancy rate average for Class B space of 20%, prices in Westchase are lower than average; $20 per square foot, compared to $22 per square foot across the city.

    There is currently no development underway in Westchase.

    The district also has more than 1 million square feet of service-center and warehouse spaces and 2 million square feet of retail space.

    What Our Brokers Say About Westchase Office Space

    The Beltway 8 runs right down the middle of Westchase, making it easy to get to surrounding areas like Chinatown to the south, and Memorial to the north. Commuting without a car may prove difficult in and around Westchase, which ranks a 54 Walk Score, 46 Transit Score, and 45 Bike Score. However, construction is underway on the Brays Bayou Connector, intended to link Richmond Avenue and Bellaire Boulevard via a nearly 2-mile pedestrian and bike trail. The district also counts a number of well-maintained trails along the Brays Bayou, which runs through its center.

    Westchase boasts an impressive roster list of Fortune 200 companies, including Kroger, Bank of America, Phillips 66, Target, Cisco, MetLife, Honeywell, National Oilwell Varco, and Office Depot, all of whom are based here. Others count Westchase as their corporate HQ, including CGG, BMC Software, Cardtronics, Tailored Brands, and Phillips 66. Chevron, one of the first businesses to locate to Westchase, and Schlumberger, are major local leaders in the energy fields. The engineering and construction companies based in Westchase include ABB, Aker Solutions, D.E. Harvey Builders, and Lockwood Andrews & Newnam. Two noteworthy companies expanding their Westchase presence include Costello, Inc., a preeminent civil engineering and surveying firm, that recently moved its offices to a 35,000-square-foot space on 2107 CityWest Boulevard. The other is SABIC, the Saudi Basic Industries Corp., which is slated to open its American HQs at CityWest Boulevard by the end of the year; the company plans to invest over $2 million for office space upgrades.

    The University of Houston is just over 20 minutes away by car, an ideal proximity for companies looking to recruit from the campus, including interns from the renowned Wolff Center for Entrepreneurship.

    As far as dining establishments go, Westchase is home to a number of lauded lunch spots and a handful of dinner restaurants. No singular ethnicity dominates the culinary scene in Westchase; it’s a healthy blend, ranging from the French of Bistro Le Cep, Cajun at Jenivi’s Seafood Shoppe, Vietnamese at Pho Van, to Hawaiian at North Shore Poke.

    Westchase has seen an increase in hotel properties; between 2014 and 2016, the market grew by 9%. The Marriott Westchase and the Houston Hilton Westchase are both full-service, flagship locations.

    Get to Know Westchase, Houston  

    Situated between Alief, Greater Sharpstown, Chinatown in the International District, and the Royal Oaks Country Club, Westchase boasts the perks of proximity to diversity but provides a flavor that’s uniquely its own. The district counts an impressive 80,000 workers; yet there’s also a suburban flair to the area. A weekly farmers market boasting over 30 local vendors takes place every Thursday on Westheimer, an indication of community interest beyond the corporate.

    Residents are a diverse blend, both economically and ethnically; families are drawn to the area for public schools in the Alief and Houston Independent School Districts, which count 10 elementary, three middle- and three public high schools. The area also has around five miles of off-road trails, and plans are underway to start construction in 2019 on a four-acre park on Wilcrest Drive.

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