**Younan Capital Secures $26.6M Bridge Refinance for Houston Office Tower**
Priority Capital Advisory has successfully arranged a $26.6 million bridge refinance for 2 Westlake, a premier Class A office tower totaling 467,609 square feet. Located at 580 Westlake Park Boulevard in Houston’s Energy Corridor, this 17-story building sits on 5.4 acres and is part of the expansive 2.8 million-square-foot Westlake Park office complex.
The refinancing was secured on behalf of the property’s owner, Younan Company, which acquired the building in December 2022 for $21.55 million while it was fully vacant. Since acquisition, Younan has executed extensive renovations, including a full lobby remodel. As a result, the property is now 56% leased, with leasing interest and momentum continuing to build.
“The financing allowed the borrower to retire maturing debt, fund tenant improvements, and secure the runway needed to stabilize a newly renovated, high-quality asset,” said Zachary Streit of Priority Capital.
2 Westlake remains one of West Houston’s most notable suburban office properties, strategically positioned for long-term growth and tenant appeal.
