Office space available for sublease in ‘The Advocate’ building

The Advocate is subleasing the 25,622-square-foot space on the fifth floor of its six-story building at 7290 Bluebonnet Blvd. for $18.75 per square foot, or about $40,000 per month. Publisher John Georges, who bought The Advocate last year, says the 125,000-square-foot office building is far larger than necessary, adding that subleasing an extra floor is a way to cut down on expenses while also making better use of existing space. “It’s as much about putting people closer together than trying to save money,” Georges says, noting that editor Peter Kovacs, by choice, moved from a large office in a separate wing of the building to a workspace in the middle of the newsroom. “He’s right in the middle of the bullpen now, so it’s just a different philosophy about how to run things.” This isn’t the first time The Advocate is subleasing excess space in the building, which is owned by Jimmy Swaggart Ministries. Several years ago, when the paper was owned by the Manship family, it subleased the sixth floor to Crescent Bank and Trust. Ty Gose of NAI/Latter & Blum is handling the lease. He says the fifth floor space, which currently houses the paper’s digital media department, could be broken up into smaller spaces to accommodate multiple tenants. —Stephanie Riegel