Seven new and renewed leases comprise more than 225,000 square feet of leasing activity
Howard Hughes continues to demonstrate strong commercial leasing demand in The Woodlands as a diverse portfolio of national and international businesses choose to locate or expand into the award-winning North Houston community. Seven new and renewed leases totaling more than 225,000 square feet reinforce the community’s appeal as a thriving business destination, committed to sustainable development and a high-quality lifestyle.
“The strong commercial leasing activity in The Woodlands is a reflection of the community’s appeal as a place where employees want to live and businesses can thrive, thanks to a high-quality work environment that is driving today’s return to office,” said Jim Carman, President of the Houston Region for Howard Hughes. “Our forward-looking vision enables us to stay flexible as we adapt to market demand and continue to meet the evolving needs of the people and companies that are reshaping today’s office landscape.”
Ovintiv, a leading North American exploration and production company at the forefront of driving innovation to both profitably and sustainably produce oil and gas from shale, has renewed its lease at 4 Waterway in The Woodlands Waterway Square®. Ovintiv has been in The Woodlands since 2014 and leases roughly 170,000 square feet of space. Lonna Jenks, Vice President; Ronnie Deyo, Executive Managing Director; and Beau Bellow, Executive Vice President; all with JLL Houston, represented Ovintiv in the transaction.
Blue Power Partners, a Denmark-based company dedicated to developing renewable energy, is bringing its innovative solutions to The Woodlands’ business community, leasing 4,172 square feet at Three Hughes Landing. With offices in seven countries and more than 300 employees worldwide, Blue Power Partners specializes in utilizing solar, wind, and water resources for environmental sustainability. Jhakees Napolitano, Senior Vice President at PrinGroup Commercial, facilitated the transaction.
Global workspace provider IWG is bringing its SPACES co-working brand to 1725 Hughes Landing where the company has leased 27,520 square feet. The SPACES brand provides a professional, high-energy and elegant business environment for its members. IWG was represented by Beau Bellow, Executive Vice President with JLL Houston.
Navita Health is experiencing significant growth in the Texas market. Founded by Astara Health, Navita Health is a mental health treatment center based in Texas opening locations in The Woodlands, Houston, San Antonio, and Dallas. The new location in The Woodlands located at 9186 Six Pines is 11,116 square feet, right near The Woodlands Innovation District. Zach Rogers from Foldetta Commercial represented Navita Health in the transaction.
Sterling Infrastructure, a tenant at One Hughes Landing since 2013, continues to grow and expand in The Woodlands. The company builds critical U.S. Infrastructure across the e-infrastructure, transportation, residential, and commercial markets. Brokered by Steve Hesse, Executive Managing Director at JLL Houston, Sterling plans to expand by 5,475 square feet on Level 2 of One Hughes Landing.
Quattro Financial Advisors has renewed its lease at 1725 Hughes Landing for more than 1,500 square feet for a multifamily office in The Woodlands. The company provides comprehensive wealth services for families, companies, and corporations through innovative strategies in generational financial planning.
Completing the round of recent transactions in The Woodlands, Rockefeller Capital Management, a leading independent financial advisory services firm, has signed a new lease for 7,587 square feet of space at 9950 Woodloch Forest Tower. This transaction was brokered by Morgan Relyea Colt, Executive Managing Director at Cushman & Wakefield.
Representing Howard Hughes was Scott Fikes and Jack Russo with JLL. For more information, visit www.TheWoodlands.com.