Talisman Energy Expands into The Woodlands
The expansion also means more hiring at Talisman, which currently has 200 Houston-area employees.
HOUSTON BUSINESS JOURNAL : January 13, 2012
Spurred by its focus on oil-rich shale formations in Texas, Talisman Energy USA Inc. is set for a massive expansion of its Houston footprint while shifting its growth plans to The Woodlands in the process.
The move puts further pressure on the Class A office market in The Woodlands as energy companies flock to the area, following oil giant Exxon Mobil Corp.'s plans unveiled last year to construct a 385-acre corporate campus near the established master-planned community.
Interest in office space along the 10-mile stretch of I-45 near The Woodlands has touched off development efforts among area real estate firms, local experts say. "Our firm is looking at developing an office building, a three-story building to supply the significant demand around The Woodlands," said Trey Halberdier, managing principal at Houston-based investment, development and brokerage firm BANDIER Realty Partners, LLC. "We feel that we could have the building preleased before moving any dirt."
Halberdier said there is "clearly a shortage" of space north along I-45, from the Exxon campus to Farm Road 1488.
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Malvern Instruments Relocates to a New Laboratory and Office in Bammel Business Park
Scientific Instrument Company Doubling Space with Relocation
HOUSTON CHRONICLE : Aug. 15, 2011
Malvern Instruments will more than double its space when it relocates to a new laboratory and office in Bammel Business Park. The scientific instrument manufacturing company has leased 22,493 square feet at 4802 N. Sam Houston Parkway.
Malvern Instruments employs about three dozen people in Houston and continues to expand. The company plans to relocate from an 11,400-square-foot building on West Hardy Road in the Greenspoint area in February.
Trey Halberdier and Tiffany Nuche with BANDIER Realty Partners represented Malvern Instruments. Justin Robinson and Matt DiLeo of Stream Realty represented the landlord.
"They needed to improve efficiencies in their workspace and increase their lab space," Halberdier said. "They will be able to put their own stamp on the end cap of one of the buildings."
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Exxon's Shift Near The Woodlands Means a Sea-change for Houston Real Estate
New Campus Likely to Spur Growth in The Woodlands
HOUSTON BUSINESS JOURNAL : June 10, 2011
ExxonMobil Corp.'s 385-acre corporate campus north of Houston is expected to fuel commercial and residential development in the surrounding area, and cause some adverse consequences throughout the local real estate market.
The Irving-based energy giant's complex, acknowledged by the company this week, near the intersection of Interstate 45 and the Hardy Toll Road is expected to create the foundation for Houston's next energy corridor. Exxon's impact on The Woodlands will be similar to the effect Wal-Mart Stores Inc. had on its hometown of Bentonville, Ark., said Patrick Duffy, partner and president of Houston's Colliers International real estate firm.
"Everybody's been waiting on this announcement," said L.S. Trey Halberdier, managing principal with BANDIER Realty Partners. "All the real estate people are happy because we can move forward and conduct business."
Real estate investors could scurry to snap up available land to hold or flip to developers. Exxon's deal will prompt a 10 to 20 percent increase in land prices, said Halberdier, who is marketing land in The Woodlands area.
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ExxonMobil Will Fuel Boom with New Complex
New campus likely to spur growth in The Woodlands
HOUSTON CHRONICLE : June 07, 2011
Exxon Mobil Corp. is consolidating thousands of Houston-area employees into an elaborate new campus being developed just south of The Woodlands — a move that could trigger a real estate boom in the surrounding area, but leave office buildings elsewhere scrambling for tenants.
About 8,000 employees will relocate to the new facility to be built on a 385-acre site near the intersection of Interstate 45 and the Hardy Toll Road. If Exxon Mobil does move workers from outside Houston to the new campus, employment there could approach the peak size of the complex established by former Houston company Compaq Computer Corp.
Real estate observers predict a large spillover effect from the new campus. "We might see the emergence of a new energy corridor up north," said Trey Halberdier, managing principal of BANDIER Realty Partners, a commercial real estate firm that is active in the area.
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ExxonMobil to Build Huge Office Complex In North Houston
Construction of New Office Campus In Houston Suburbs Likely to Result in Higher Vacancies In Other Submarkets Where Energy Giant Occupies Space
COSTAR GROUP : June 08, 2011
ExxonMobil finally unveiled plans to build a new office campus on 385 acres it owns near the intersection of Interstate 45 and the Hardy Toll Road north of Houston to bring together its sprawling operations.
The oil and gas giant did not disclose the exact scale in square footage or cost of the project, but said will include "multiple low-rise office buildings," a laboratory, conference and training space, child care, wellness center and other facilities.
The move is expected to affect approximately 8,000 employees, who will be moved in phases as the buildings are constructed beginning early 2014. Full occupancy for Houston-based employees is expected by 2015. The company expects most employees working in the corporation's Houston Upstream head office, along with ExxonMobil Chemical Co. and various staff support, to move to the new campus.
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ExxonMobil to Consolidate Houston Offices at New Campus
Energy-efficient campus to be located on 385-acre wooded site in The Woodlands
BUSINESS WIRE : June 07, 2011
ExxonMobil announced today the development of a new office campus in north Houston for employees currently working in a variety of locations in the Houston area.
The complex will be located on a 385-acre wooded site on company-owned land near the intersection of I-45 and the Hardy Toll Road. It will contain multiple low-rise office buildings, a laboratory, conference and training centers and facilities such as child care, a wellness center and other employee amenities.
"This new campus provides an opportunity to consolidate many of our Houston offices in one location, which will provide a high-quality working environment as our employees continue to support ExxonMobil's mission of delivering energy to meet growing global needs," said Bryan Milton, president of ExxonMobil Global Services Company.
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ExxonMobil Moving? More Details Emerging
Aerial views of ExxonMobil's possible new Houston headquarters
SWAMPLOT : April 15, 2011
Houston's Real Estate Landscape website Swaplot presents arial views of land development.
A whole lot of logging at least, it looks like. While ExxonMobil continues to tell its employees that no decisions have yet been made about whether to consolidate approximately 17,000 of them from Houston and Virginia into a new 3 million sq. ft. office campus just south of The Woodlands, contractors working for the company have been stripping what looks like thousands of trees from its 359-acre property and preparing the site for construction of as many as 2 dozen office buildings, 4 enormous parking garages, and several other structures....
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Real Estate Notebook
Builder buying land to get ready for a busy 2012
HOUSTON CHRONICLE : Feb. 4, 2011
Kenroc Development recently bought 101 acres just south of The Woodlands, with plans to ride the development wave of nearby Springwoods Village, an 1,800-acre master-planned community at the crossroads of Interstate 45 and the Hardy Toll Road.
Trey Halberdier and Rob Banzhaf with BANDIER Realty Partners represented Kenroc, and Kirk Laguarta with Land Advisors Organization represented the seller. Springwoods Village is expected to house a mixed-use community where residents can walk to a town center with shops, offices and other public amenities. "We got a good deal, and with all these other developments happening, it promises to be a great investment," Halberdier said...
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ExxonMobil is Considering a Move
Workers might be relocated to a big tract south of The Woodlands
HOUSTON CHRONICLE : Jan. 28, 2010
Exxon Mobil Corp. is conducting a study of its U.S. real estate that could result in the company consolidating workers on a large tract of land just south of The Woodlands.
Architectural documents obtained by the Houston Chronicle outline an elaborate corporate campus, including 20 office buildings with 3 million square feet, a wellness center, laboratory and
multiple parking garages.
The documents don't identify Exxon Mobil, but maps show a large parcel of land near Interstate 45 and the Hardy Toll Road. The company owns land near that intersection...
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