Cushman & Wakefield of Texas, Inc. has assumed property management for the Eldridge Place office buildings.

Eldridge Place is strategically located within Houston’s high-profile Energy Corridor. Situated in a wooded natural setting, the property is located at the intersection of Memorial Drive and North Eldridge Parkway, affording the property convenient access to Interstate 10. One Eldridge Place was completed in 1985. Two Eldridge Place was completed in 1986. The buildings are sheathed in alternating bands of polished Rosso Vagna granite and tinted, dual-pane glass. An adjacent 5-level garage provides parking for up to 1,445 vehicles for both buildings.

Colvill Office Properties, L.P. is operated by Houston real estate industry veteran Chip Colvill, specializing in Landlord Representation. Colvill has developed extensive expertise in commercial office building leasing in Houston, Texas over the past 16 years representing owners of major institutional office property. Colvill has extensive experience in the Houston real estate market, having completed over 4 million square feet of lease transactions in directing leasing and marketing for a 14.6 million square foot portfolio owned by various major institutional owners.

In addition to the Eldridge Place office buildings, Colvill Office Properties directs the leasing and marketing for First City Tower, a 1,333,312 square foot office tower located in the Central Business District in Houston. Major tenants in the building include Vinson & Elkins, Ocean Energy, and Waste Management. Colvill also directs leasing for the Galleria office complex. Major tenants in The Galleria office buildings include Air Liquide America, Prudential Securities, CB Richard Ellis, Burlington Resources, Solomon Smith Barney, Merrill Lynch, UBS, and Citicorp.

According to Colvill, “The amenities available to tenants that office in Eldridge Place are the best in the city. The pending re-construction of the Katy Freeway will ensure that the Energy Corridor market remains as the best, most desired office submarket in the city. The Eldridge Place buildings are the “gateway” buildings to this submarket. Global Santa Fe has vacated 140,000 square feet of space on the top 7 floors in One Eldridge Place, and this represents an excellent opportunity for large tenants to secure space in Eldridge Place that has been historically fully occupied. We are embarking upon an aggressive marketing campaign to lease this space.”