2500 City West Boulevard

2500 City West

The property was refinanced in 2010.
Loan amount: $65.00 million
Lender: The Northwestern Mutual Life Insurance Company
Terms: The loan bears interest at a fixed rate of 5.53% and is for a term of 9.3 years, to mature in December 2019. The 2500 CityWest Blvd. mortgage replaces the prior $84.1 million first mortgage loan, which was retired for $81.0 million pursuant to a discounted payoff agreement with the subordinate noteholder.

Building hours are 7:00 AM-6:00 PM Monday through Friday, Saturday 8:00 AM-1:00 PM and garage access is through manned security, complemented by a controlled card-key access system, including interfaces with the building’s HVAC system for after-hours use. Air handling units with variable air volume serving 16 zones per floor. A computerized energy management system assures flexibility for various tenant uses. 2,188 covered parking spaces, accessible via City West Boulevard on the south side of the site, with two elevators for service.

Designed by Sikes, Jennings & Kelly, 2500 City West is a concrete structure with a curtain wall of reflective black glass and unitized black aluminum. A ground-level court features a terraced fountain, generously scaled space with extensive use of flame-finished granite wall finishes contrasting with stainless steel elevator doors all under a mosaic ceiling. Tenants of 2500 City West enjoy a spectacular view of the adjacent park and have generally unobstructed views of the surrounding cityscape. The surrounding park area is extensively landscaped, including fountains, reflective ponds, and tree-shaded walkways. There is also a deli/carry-out restaurant. Additional amenities include: overnight courier drop, newsstand, 24/7 security, and on-site management.

Parking: unreserved $40.00, Reserved $75.00. Covered parking garage

This building was awarded an Energy Star label in 2007, 2008, 2009, 2010, and 2011 for its operating efficiency.

In 2011, this building was awarded LEED certification at the Silver level by the U.S. Green Building Council.