Exxon steps into Houston with 478,000-SF lease

LAKE WOODLANDS – Exxon Mobil Corp. signed a deal to lease approximately 478,000 sf of office space at Hughes Landing, a 66-acre mixed-use community situated on Lake Woodlands.

The energy giant will take over an entire office building and a portion of a second structure at the master-planned development, with plans to move in during the first half of 2016, according to The Woodlands Development Co.

Each building will feature approximately 300,000 sf of Class A office space. The compound will also include an adjacent 13-story, 800,000-sf parking garage.

Construction is currently underway on Two Hughes Landing, a 197,000-sf, Class A building expected to be complete in mid-2014.

At full build-out, Hughes Landing will feature as many as 11 Class A office buildings; shopping, dining and entertainment; a 40,000-sf Whole Foods Market, an upscale hotel; a state-of-the-art fitness center; and as many as 800 multifamily residences.

Source: Multi-Housing News