Jiffy Lube Signs 28,000-SF Houston HQ Lease at Westway Plaza Following Monomoy Acquisition

Jiffy Lube has signed a lease for approximately 28,000 square feet at Westway Plaza, a 327,040-square-foot Class A office building at 11330 Clay Road in Houston, establishing a new corporate headquarters following Monomoy Capital Partners' acquisition of the brand from Shell Oil. Stream Realty Partners represented Jiffy Lube in the transaction, which was announced July 28, 2026. Move-in is expected in August 2026.

Deal Details and Tenant Relocation

Jiffy Lube will relocate from the Shell Woodcreek Campus, where the company had maintained its Houston offices as a subsidiary of Shell Oil. The new lease at Westway Plaza represents roughly 8.5 percent of the building's total rentable area, contributing to the property's diversified occupancy base.

Westway Plaza is located at the northwest corner of Clay Road and the Sam Houston Tollway and offers direct access to Interstate 10, U.S. 290, and the Grand Parkway. The LEED Gold-certified building features an on-site café with outdoor seating, a fitness center with locker rooms, on-site property management, and 24/7 security.

Lucian Bukowski, Managing Director and Vice Chairman at Stream Realty Partners, represented Jiffy Lube in the transaction. Brad Beasley, Senior Vice President, and Chip Colvill, Partner, with WHI Real Estate Partners, represented the landlord.

"Jiffy Lube's decision to relocate within Houston reflects the company's continued commitment to the market," Bukowski said. "Westway Plaza was selected because of its proximity to Jiffy Lube's current location, minimizing the impact on employees' daily commutes. The fully furnished space also enabled a quick occupancy timeline while minimizing disruption to employees and positioning the company for continued success."

Post-Acquisition Strategy Drives Real Estate Move

The headquarters relocation is directly tied to Monomoy Capital Partners' acquisition of Jiffy Lube from Shell Oil, which transitions the brand from a corporate subsidiary into an independent, private equity-backed company. Executing the lease and targeting an August 2026 occupancy date signals that the real estate component of the carve-out is being addressed early in the ownership transition.

Moving from Shell's Woodcreek Campus into a standalone Class A building gives Jiffy Lube a distinct corporate identity separate from its former parent. The fully furnished, move-in-ready configuration at Westway Plaza also reduces capital expenditure associated with the transition.

"This move represents an exciting milestone for Jiffy Lube as we begin our next chapter as an independent company," said Mauricio Quezada, President and CEO of Jiffy Lube. "Our new headquarters provides a collaborative environment for our team while reinforcing our long-term commitment to Houston. From our new home, we look forward to building on Jiffy Lube's legacy of serving drivers and supporting our franchisees across North America."

Westway Plaza Leasing Momentum

The Jiffy Lube transaction adds to what the landlord's representatives describe as increasing leasing activity at Westway Plaza, driven by tenant demand for high-quality, move-in-ready space in the northwest Houston corridor.

"We are pleased to welcome Jiffy Lube to Westway Plaza and are excited to add another outstanding tenant to the project," said Beasley. "This transaction is reflective of a significant increase in leasing activity at Westway Plaza for tenants seeking high-quality move-in-ready options and underscores the continued momentum of this incredible property."

The property's location along the Sam Houston Tollway, with connectivity to multiple major highways, positions it as a commuter-accessible suburban office asset. Amenity-rich suburban buildings with strong parking and highway access have drawn tenant interest in a hybrid-work environment, as companies prioritize employee experience and commute convenience in site-selection decisions.

About the Firms Involved

Stream Realty Partners is a national commercial real estate firm headquartered in Dallas offering leasing, investment, development, property management, capital markets, construction and project management, workplace strategy, and research services. The firm has grown to more than 1,550 professionals since its founding in 1996 and completes annual transactions valued at more than $11.5 billion across office, industrial, retail, healthcare, land, and data center properties. Stream's Houston office is located at 3040 Post Oak Boulevard.

Partners Real Estate represented the landlord in the Westway Plaza transaction.

Sources

Stream Realty Partners – Monomoy Capital Partners Acquires Jiffy Lube, Establishes New Houston Headquarters at Westway Plaza