Colliers International is pleased to announce that Sourcepoint, Inc. leased 34,852 square feet in the Westbelt Office Center located at 8101 W Sam Houston Parkway S in Houston, Texas. The landlord, RMA American Realty Limited Partnership, was represented by John Pruitt of JLL. Bob Parsley, Darren Gowell and Mia Jarrell of Colliers International represented the tenant in the transaction.
“The opening of our new Houston office is an important step in supporting our business growth,” said Steven Schachter, EVP and Market Lead, Sourcepoint. “It’s a modern space that holds nearly 300 people with the necessary environment and technology to best accommodate our associates and serve our clients.”
Sourcepoint is a premier provider of expertly crafted products and services to the U.S. mortgage industry. For more than 25 years, the company has helped leading mortgage companies sharpen their competitive edge. Sourcepoint’s technology-based business process solutions, together with its right shore delivery model, help mortgage companies improve agility, cycle time and borrower experience. The parent company of Sourcepoint is Firstsource, which is a global provider of Business Process Management (BPM) services to over 100 leading brands in the U.S., U.K., India and the Philippines.
Westbelt Office Center is located in the Southwest Beltway 8 office submarket in southwest Houston. The submarket is 80% occupied and has approximately 1.3 million square feet of available Class A and B+ office space for lease at an average rental rate of $18.00 per square foot.
About Colliers International
Colliers International (NASDAQ, TSX: CIGI) is a leading real estate professional services and investment management company. With operations in 68 countries, our more than 15,000 enterprising professionals work collaboratively to provide expert advice to maximize the value of property for real estate occupiers, owners and investors. For more than 25 years, our experienced leadership, owning approximately 40% of our equity, has delivered compound annual investment returns of almost 20% for shareholders. In 2019, corporate revenues were more than $3.0 billion ($3.5 billion including affiliates), with $33 billion of assets under management in our investment management segment. Learn more about how we accelerate success at corporate.colliers.com, Twitter @Colliers or LinkedIn.