Skanska’s Significant Houston Activity

Skanska’s Houston leasing team tells us about two significant projects underway locally: the 12-story, 330k SF West Memorial Place in The Energy Corridor is 50% leased and recently topped out. The company acquired the site in 2012 and is financing the development itself, which is set to open in January 2015. Phase II, which consists of 380k SF, is in the works and could deliver at the end of 2015. The other big news is the 750k SF Capitol Tower.  Skanska is currently demolishing the former site and will be able to deliver the new building in Q1 '18. Look for some very active marketing on that property: It’s been pre-certified as LEED Platinum, and has a unique 40-ft tunnel level. The Swedish global construction and development company has been in the Houston market since 2008, with projects going in all submarkets. For more info on our sponsor, click here.

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

Why Top-Secret Facilities Are Permeating Greater D.C.'s Office Market

DivcoWest Sells Glendale Office Building For $70M

Hines And Rialto Close Office Credit Fund At $1.1B

Rig Collapse At Citadel HQ Site Sends 4 To Hospital

Northern Virginia Office Tower Sells For Double Its 2024 Price

Oxford Properties' U.S. Investment Head On Why It's Buying Office Again — And Where

Fertility Provider Opens Clinic At 1900 Lawrence Office Tower: The Denver Deal Sheet

Office Revenues Are Failing To Keep Pace With Expenses

Security Tech Firm Plans Loudoun HQ Move: The D.C. Deal Sheet

16K SF Restaurant, Event Space Opens At 5POP Office: The Houston Deal Sheet

Stephen Ross Expands Palm Beach Empire With Massive Boca Raton Campus

SpaceX Sues Texas AG, Grimes County Over Terafab Project Information