LaSalle Acquires Stake in CityWest Office Campus in Houston

CHICAGO, Aug. 27, 2026 /PRNewswire/ -- LaSalle Investment Management ("LaSalle"), the global real estate investment manager, today announced that it has recapitalized an equity stake in CityWest, a four-building, approximately 1.5 million-square-foot office campus in Houston, Texas, in a joint venture alongside private real estate investment firm, 3Edgewood.

Located at 2101-2107 CityWest Boulevard on approximately 39 acres in West Houston, CityWest is a highly amenitized corporate campus situated near the intersection of Interstate 10 and Beltway 8, one of the region's key employment and residential corridors. The property is 98% leased and benefits from a long-duration tenant base.

Purpose-built as a corporate headquarters campus, CityWest offers a differentiated collection of amenities designed to support employee experience and tenant retention. These include a recently renovated fitness center, basketball court and other recreational facilities, multiple dining venues, outdoor gathering areas, onsite services and a secured campus environment with controlled access.

The investment reflects LaSalle's approach to selective investments within the office sector, particularly in markets where leading assets benefit from limited new supply and shifting corporate location preferences. West Houston has experienced strong recent leasing activity as companies have migrated toward high-quality office properties closer to the region's growing residential base. CityWest has completed approximately 460,000 square feet of leasing since 2023.

Stuart Sziklas, Global Portfolio Manager at LaSalle, said: "CityWest represents an opportunity to invest in a high-quality, well-leased office campus in one of Houston's most desirable corporate locations. The property has demonstrated strong leasing momentum as employers increasingly prioritize high-quality workplaces that offer convenient access to their employees, robust amenities and an attractive campus environment. We believe CityWest is well positioned to benefit from these trends over the long term."

About LaSalle Investment Management | Investing Today. For Tomorrow.
LaSalle Investment Management, a subsidiary of JLL, is a globally integrated, diverse real estate investment manager. On a global basis, LaSalle manages US$86.8 billion of assets in private and public real estate equity and debt investments as of Q1 2026. LaSalle's client base includes public and private pension funds, insurance companies, governments, corporations, endowments and private individuals from across the globe. LaSalle sponsors a diverse range of investment vehicles, including separate accounts, open- and closed-end funds, public securities and entity-level investments.

For more information, please visit www.lasalle.com, and LinkedIn.

Media Contacts
Alissa Schachter
LaSalle Investment Management
[email protected]
+1-312-339-0625

Doug Allen
Dukas Linden Public Relations
[email protected]
+1-646-722-6530

SOURCE LaSalle Investment Management