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Mar. 4, 2013

Camden Property Trust Expands Presence at Greenway Plaza—but Switches Buildings

By Georgiana Mihaila, Associate Editor

Camden Property Trust—one of the largest publicly traded national multifamily developers—will soon be trading its office at 3 Greenway Plaza for the neighboring 11 Greenway Plaza. The company signed a lease for 86,733 square feet on floors 23 through 26 of the 31-story Class A office building.

Bob Boykin, Warren Savery and Bubba Harkins represented owner Crescent Crown Greenway Plaza SPV L.L.C., while Anthony Squillante, Chris Johnson, Jeremy Hunt and Mike Anzilotti represented Camden Property Trust.

“Camden’s growth over the years required that we relocate our headquarters from 3 Greenway Plaza,” said Keith Oden, Camden’s president. “After a lengthy review of available options, we decided that the best choice for the company and our team members was to relocate within Greenway Plaza. The convenient location, ease of ingress/egress and access to amenities made our decision to move to 11 Greenway very straightforward.”

The planning and design of Camden’s new space in Greenway Plaza is being conducted by Gensler, and the construction will be performed by E.E. Reed Construction L.P. Located in Houston’s Greenway Plaza submarket, 11 Greenway Plaza totals 745,956 square feet.

Greenway Plaza, Houston’s premier master-planned business development, is a 10-building complex featuring 4.3 million square feet of Class A office space. The campus is also home to The Shops at Greenway, which includes a unique selection of retail options and a full-service food court. Located just five miles southwest of downtown Houston, the 55-acre business park and mixed-use community includes residential condominiums, a luxury hotel and a comprehensive athletic/social club; it provides easy access to major thoroughfares and convenient transportation alternatives.

Image via http://www.greenwayplaza.com/

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