New Houston Office Tower Breaks Cover

Who says there’s no new office building construction in the U.S.?

New York City has steel rising on its new World Trade Center. Oklahoma City has its Devon Energy headquarters nearly topped out at 50 stories. And now Houston has been targeted for a spanking new addition to its skyline.

BBVA Compass announced that it will anchor a new 20-story, 380,000-sq.-ft. office building to be built in the Galleria area by Redstone Cos. and Stream Realty Partners LP. The bank will lease the top six floors of the new tower at 2200 Post Oak Blvd. Ground breaking is expected in May with completion set for Q1 of 2013.

Read Full Story Here

Please or Register to post comments.

Latest poll

Total CMBS Issuance Volume

There has been $30.3 billion in new CMBS issuance to date in 2013, according to Commercial Mortgage Alert. That puts the industry on pace to smash last year’s volume of $48.4 billion and will make 2013 the busiest year for CMBS issuance since 2007. Where do you think total CMBS issuance volume will end up in 2013?

 

Newsletter Signup

AdviceIQ

Connect With Us
National Real Estate Investor Related Sites