DRH & Associates, which operates as Houston MRI and diagnostic imaging, acquired a 5,304-square-foot building at 16920 Park Row Blvd. to move headquarters from rented premises at 9990 Richmond. The ready to move in building includes a 1.3 acre plot of land for future expansion. The buyer was represented by Evelyn R. Ward and Paula Musa of Transwestern Real Estate Services. Jason Herbrich and Anthony Fritsche of Fritsche Anderson Realty Partners represented the seller, Four T Management. Transwestern will continue to advise Houston MRI & Diagnostic Imaging as it expands into submarkets including Friendswood, Pearland and Kingwood.
Aspen Technology, a provider of enterprise asset performance management, monitoring and optimization solutions, has signed an agreement to renew and expand its lease on 79,867 square feet of 2500 CityWest Westchase. The building is owned by a joint venture between the Patrinely Group and USAA Real Estate. Vin Haggard Jr. and Vince Strake of Cushman & Wakefield, led by Dennis Tarro of the Patrinely Group, represented the landlord. The building has undergone several improvements over the past 18 months and Patrinely will be managing new projects including elevator, fitness center and conference room upgrades.