InforCenter Digital Building Directory at Galleria Park I

Galleria Park I is an 11-story, Class A commercial office building with 216,481 square feet of office space and an additional 28,920 square feet of retail space. Located at 5251 Westheimer Rd, Houston, TX 77056, in the heart of the Galleria area, this elegant building features a sophisticated lobby equipped with an InforCenter Touch Screen Digital Building Directory Kiosk. The interactive lobby directory provides easy navigation for visitors, including a tenant and people directory, real-time traffic and weather updates, building information, local amenities, and property management contacts. Visitors can also access the InforCenter Virtual Building Directory via a QR code, offering smartphone compatibility without the need for an app. Galleria Park I is in close proximity to The Galleria, one of Houston’s premier shopping destinations, with over 100 specialty stores, banks, the University Club, and other amenities conveniently listed on the InforCenter Digital Lobby Director's interactive map. The adjacent lot houses a Hyatt Regency, completed in 2015, and the property offers quick access to major Houston roadways like Loop 610, the Southwest Freeway (I-69), and the Katy Freeway (I-10). This building has been awarded the Energy Star label multiple times (2010, 2011, and 2012) for its operational efficiency. Galleria Park I Features and Amenities (as listed on the Digital Building Directory Kiosk): - Ground-level retail and dining options with patio seating - WiFi-enabled one-acre Grand Lawn with promenades and a pavilion - Easy access to I-610, I-69, and I-10 - Walking distance to The Galleria Mall’s dining and retail offerings - Over 100 nearby restaurants - Six major hotels in the vicinity, including two recently built Hyatt Hotels - Prime location at the corner of Westheimer and Sage in the desirable Galleria area - Positioned for high visibility and accessibility for commuters and inner-loopers alike The Galleria Park I and II complex, located at 5251 and 5333 Westheimer, provides approximately 400,000 square feet of Class A office and retail space. This prime real estate was purchased by Dhanani Private Equity Group (DPEG) in December 2022 with plans to transform the buildings into a mixed-use property. Their vision includes restaurants on the ground floor that will complement the office space, with P.F. Chang’s already secured and negotiations ongoing with a high-end steakhouse and an upscale sushi restaurant. These new amenities aim to attract larger tenants while providing an enhanced experience for current occupants. The complex underwent major renovations during the pandemic, with improvements across common areas and the courtyard. Notable additions include: - A 4,115 square foot state-of-the-art gym - A 2,000 square foot conference room that accommodates over 100 people, which can be divided into two smaller rooms if needed - 120,000 square feet of contiguous office space available at 5251 Westheimer - 115,000 square feet of contiguous office space available at 5333 Westheimer “This is our first trophy asset in the Galleria submarket and of institutional quality,” said Nick Dhanani, CEO of DPEG. “We’re excited about this acquisition and look forward to holding these generational buildings for the future.” Galleria Park I and II stand as a testament to the potential of well-maintained properties in Houston's most desirable locations. Following the pandemic, Houston workers have returned to offices at one of the highest rates in the U.S., with occupancy rates reaching nearly 60% by December 2022, according to a January 2023 report from the Houston Chronicle. This marks a significant recovery from the 25% occupancy rate seen in April 2020.