After Being Turned Over To Lender, Greenspoint Place Changes Hands Once Again

Northwestern Mutual is taking over the six-building Greenspoint Place complex, the former home to a big chunk of Exxon Mobil's operation. Transwestern will provide leasing services for the 2M SF campus, reports the Houston Chronicle. Hines, the previous owner in a partnership with General Motors Pension Fund, recently announced the property would be turned over to the lender. According to Transwestern EVP Michelle Wogan, the complex has 1M SF of available space. The complex is still recovering from Exxon's vacancy, which left it at 40% occupancy. [Chron]

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Houston Newsletters
Related Stories

JVP Development Is Betting $37M Of Its Own Money That Frisco Is Ready For Spec Office

Hedge Fund Bids $88M For Spirit Airlines' Former HQ

The Wideman Co. Buys Downtown Tower From Brookfield: The Houston Deal Sheet

Forget Buildings, Retailers Are Leasing Environments

Oyster Point's Second Phase Half-Leased As Kilroy Navigates Soft Lab Demand

BXP Closes In On Next D.C. Office Development As It Shrinks Assets

Clarion Under Contract To Sell 18-Story Seaport Office Tower

Oil Company Expands Again At Cash Register Building

BXP's 343 Madison Lands $1.2B Loan, Nears Deal With Equity Partner

D.C. Sues To Block HUD Headquarters Move To Virginia

Ken Griffin Completes Takeover Of Brickell Block, Setting Stage For $2.5B Megaproject

Private Equity Firm Buys Former Texas Instruments Campus For New Headquarters