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Moody Rambin's Construction Update

Houston Office
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Town Centre One is topped out, and Moody Rambin managing director Bob Cromwell tells us it’s 30% preleased. (He’s mum on the details for now.) The 10-story, 250k SF office project broke ground a year ago, and is on track for a January 2015 delivery. Phase 2, a 125k SF office building, is in design now with Kirksey and is planned to break ground in Q2 ’15.

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A bit farther down I-10, Mason Creek II began tilting its walls up this week. The 128k SF office building broke ground in June and is scheduled for a March completion. Bob tells us no tenants are locked in yet. (Phase 1, of course, was snatched up by Geico.)