DZMI has scooped up Kirkwood Tower, a 15-story, 285,682-square-foot office building along the Katy Freeway in Houston's Energy Corridor, adding a high-profile I-10 asset to its local portfolio. The largely leased, amenity-heavy tower now gives the firm a marquee presence in one of the city's most closely watched office submarkets, with a penthouse fitness center, sauna, and rooftop jogging track all aimed at energy and professional tenants that want more than just a desk and a door.
As reported by Connect CRE, DZMI acquired Kirkwood Tower at 11757 Katy Freeway, with the property listed at 285,682 square feet. Connect CRE notes the tower is more than 76% occupied, with recent leasing activity that includes a 14,891-square-foot expansion by Aethel Energy. The outlet also reports the deal pushes DZMI's holdings to nearly 2.5 million square feet in total, including close to 1.5 million square feet of office space. On the leasing front, Matthew Asvestas and Danielle Rothchild of Stream Realty will lead efforts at the property, with Asvestas representing the buyer in the transaction and JLL's Rick Goings and Jeff Hollinden representing the seller.
What DZMI Bought
According to DZMI, Kirkwood Tower includes a renovated 10-story atrium and covered access to tenant parking, setting the stage for a more hospitality-style office experience. The executive penthouse fitness center is outfitted with lockers and showers, a dry sauna, a wellness room and that eye-catching rooftop jogging track. Tenant conveniences highlighted in the listing include a lobby bank with ATM and drive-through access, a tenant HotSpot center and a ground-floor deli, all part of the building's push to stay competitive with energy-sector and corporate users that expect an upgraded amenity package.
Leasing And Recent Activity
Stream Realty Partners was brought in as the tower's leasing partner in mid-2025 and reported nearly 134,000 square feet of recent transactions that helped stabilize occupancy. In that same announcement, the firm noted the property had recently transitioned to a subsidiary of Apollo Global Management, a reminder that Kirkwood Tower has seen multiple ownership hands in just the last decade. One earlier chapter in that history is its sale to Rosemont Realty in 2014, recorded in a PR Newswire release.
What This Means For The Energy Corridor
For tenants and brokers in the Energy Corridor, the latest sale underscores that investors are still circling well-located, amenity-rich office assets even as companies rethink how much space they really need. With occupancy already north of 76 percent and an experienced leasing team in place, DZMI is positioned to lean into amenity-focused marketing and push to fill the remaining floors. The real test will be how the firm structures tenant improvements and concessions, which will help determine whether Kirkwood Tower can hold its own against the newer product coming online in the submarket.
