CP Group Secures Leases at Five Post Oak Park in Houston

CP Group netted 50,000 square feet in leases at 5 Post Oak Park in Houston’s Galleria submarket on the heels of a $12 million renovation.

Xceed Office signed the largest lease, relocating from Katy to 5 Post Oak Park, at 4400 Post Oak Parkway, according to a press release from Boca Raton, Florida-based owner CP Group. The deals follow a renovation project at the property, in which the landlord added a new gym and updated conference facilities.

Mack Allen’s, a restaurant from Houston restaurateur Mack McDonald, will open on the ground floor of 5 Post Oak Park this year. The restaurant’s 15,680-square-foot lease was one of Houston’s largest restaurant leases of 2024.

CP Group is also building new spec suites at the property, the release shows.

Xceed Office, a provider of office suites, signed a deal to occupy 22,450 square feet, a full floor, at the 567,000-square-foot office building. Colliers’ Edward Edson and Jordan Trout represented the tenant in the deal.

CP Group also completed three new leases and two renewals, according to the release:

Energy and industrial company Hanwha USA, which was represented by Cushman & Wakefield’s David Guion, Albert Spiers, and Christopher Oliver, signed a 7,521-square-foot lease;
Natural gas company Eagle LNG, which was represented by Harrison Yang of JLL, signed a 5,494-square-foot lease;
CPA firm Arnie & Company, which was represented by The Calibre Group’s Candace Baggett, signed a 3,408-square-foot lease;
Global financial services firm Robert W. Baird & Co., which was represented by David Bale of JLL, renewed its 7,797-square-foot lease; and
Professional services firm Pinchal & Company, which was represented by Stream Realty’s Weldon Martin, renewed its 2,933-square-foot lease.

Transwestern’s Eric Anderson, Evelyn Ward and Avery McGahee represented CP Group in the deals.

The property is also home to accounting firm Weaver, which signed a 60,000-square-foot lease at the building in the summer of 2022. CP Group purchased 5 Post Oak Park in 2021 with plans to update it. The property was built in 1982.

While Houston’s plethora of aging office stock has saddled the city’s office market with a high vacancy rate — 26.3 percent at year-end 2025 — it’s also provided opportunities for operators like CP Group to pick up well-positioned properties and execute renovations to lure new tenants.