May 25, 2016 Comments Off on American Bureau of Shipping Leases 327K in Houston Views: 364 California News, Houston-Galveston, National News, Southwest, Texas News

American Bureau of Shipping Leases 327K in Houston

American Bureau of Shipping (ABS) has signed a long-term lease for the entire office component of CityPlace 2. The master development venture behind the 60-acre, mixed-use CityPlace in Springwood, TX, plans to launch construction on the 10-story, 326,800-square-foot CityPlace 2 early next year.

The building is expected to be completed in late 2018, and will include 23,700 square feet of ground-floor retail. Tim Relyea and Kevin Snodgrass of Cushman & Wakefield represented ABS. Chrissy Wilson of JLL and Dennis Tarro of Patrinely Group, one of the developers, represented the landlord.

CityPlace is at Interstate 45, Grand Parkway and Hardy Toll Road, adjacent to the just-completed, 385-acre Exxon Mobil Corp. in the far north Houston submarket. Patrinely, USAA Real Estate Company and CDC Houston are the joint-venture developers.

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