JLL to Lease Office Campus in Houston’s Energy Center
- Feb 16, 2017
Houston—Skanska has retained JLL as the exclusive leasing agency for its West Memorial Place development, a premier 12-acre office campus situated along Terry Hershey Park in Houston’s Energy Corridor.
The campus includes two sustainable Class A office towers—West Memorial Place I, measuring 331,000 square feet, and West Memorial Place II, measuring 385,000 square feet.
“JLL’s international expertise, paired with their in-depth knowledge and experience in West Houston, made them a natural partner for the leasing of West Memorial Place,” Matt Damborsky, Skanska USA Commercial Development’s executive vice president, told Commercial Property Executive. “Their team is comprised of some of the industry’s most established brokers who are well-connected to tenants looking for a premier location in Houston’s Energy Corridor.”
Terry Hershey Park is a lush and vibrant greenspace that provides a wide range of amenities, including miles of hike and bike trails.
“Adding to this appeal is the one-of-a-kind bike share program that the campus offers, which allows tenants to take advantage of the connecting park,” Damborsky said. “The West Memorial Place campus is uniquely positioned from a transit perspective as well, boasting easy access to I-10, as well as the Beltway, Highway 6 and the Grand Parkway.”
Houston’s Energy Corridor is one of the preeminent locations for national and international companies in the energy sector. The development was completed in two phases, with West Memorial Place I completing construction in 2015 and West Memorial Place II following in 2016. Currently, Phase I is 55 percent leased and Phase II is 45 percent leased.
“Despite market conditions over the last year, we are optimistic that this area is ripe with opportunity for companies seeking to compete in West Houston and beyond,” Damborsky said. “From the beginning, we sought to create a destination where businesses could flourish.”
According to Damborsky, the development features two sustainable Class A office towers, one certified LEED Platinum and one with LEED Platinum certification pending.
“This will make West Memorial Place the first speculative LEED Platinum campus in the city, with the buildings consuming 30 percent less energy than traditional baseline facilities,” he said. “Not only does West Memorial Place provide an environment for companies to grow and succeed, it does so in the most sustainable, energy-saving manner.”