Major office lease signed
In one of the largest office leases this year, the American Bureau of Shipping has inked a deal to move to CityPlace, a 60-acre mixed-use development under construction in Springwoods Village, the master-planned community south of The Woodlands and home to Exxon Mobil’s new campus.
ABS and ABS Group, a technical services subsidiary, will occupy all of the office space in the 326,800-square-foot CityPlace 2, a 10-story building that will break ground early next year, according to an announcement Tuesday. The building will include 23,700 square feet of ground-floor retail space, as well.
The partnership behind CityPlace, Patrinely Group, USAA Real Estate Co. and CDC Houston, will also develop CityPlace 1, a 149,600-square-foot building to be constructed across from ABS’s new headquarters. The build-
ing will include 122,700 square feet of office and 26,900 square feet of ground-floor retail space.
When completed, the overall CityPlace project will include 4 million square feet of office space, 400,000 square feet of retail space, luxury apartments and a full-service hotel.
“This development offers great amenities and a state-of-the-art, energy-efficient office design for our employees in an attractive location,” Christopher Wiernicki, ABS’s CEO, said in the announcement. “The new facility reaffirms our commitment to the Houston area.”
ABS and ABS Group currently occupy space in the Greenspoint Place office complex.
The American Bureau of Shipping is an inter- national classification firm serving the marine and offshore industries. ABS Group is a subsidiary involved in safety and reliability for energy industries and government sectors.
Tim Relyea and Kevin Snodgrass of Cushman & Wakefield represented ABS in lease negotiations. Chrissy Wilson of JLL and Dennis Tarro of Patrinely Group presented the landlord. Transwestern Retail is leasing the retail space in CityPlace, with Nick Hernandez, Chace Henke and Crystal Allen leading the effort.
Springwoods Village is an 1,800-acre masterplanned community west of Interstate 45 between Springwoods Village Parkway and the Grand Parkway.