Mar 9, 2017
Former Exxon Mobil property sold
HOUSTON – A former Exxon Mobil Corp. property at 3120 Buffalo Speedway has been sold after sitting on the market for over two years.Spear Street Capital and Transwestern Development Co. purchased...
HOUSTON – A former Exxon Mobil Corp. property at 3120 Buffalo Speedway has been sold after sitting on the market for over two years.
Spear Street Capital and Transwestern Development Co. purchased the 16.9-acre asset.
The facility features a six-story, 450,000-sf office building, a 100,000-sf training center, 13 auxiliary buildings, and a large parking structure.
The Greenway Plaza-area property had been the headquarters of Exxon Mobil Upstream Research Co. since the 1950s. It was put on the market in summer 2014 as the energy giant was consolidating its local operations into its Springwoods Village campus.
JLL represented Exxon Mobil in the transaction.
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