ABS Renews and Expands Lease at Hines’ Greenspoint Place - Hines

ABS Renews and Expands Lease at Hines’ Greenspoint Place

Entire Campus to Undergo Repositioning for the Benefit of all Tenants

(HOUSTON) – Hines, the international real estate firm, along with General Motors Pension Plans, announced today that the American Bureau of Shipping (ABS) has renewed its lease in Greenspoint Place for 228,254 square feet, expanding by 30,481 square feet, making their total leased space 258,735 square feet.

The renewal and expansion encompasses the entire ABS Plaza building (16855 Northchase Drive), space in Greenspoint Place 2, (16825 Northchase Drive) and retail space in Gallery 1.

ABS Plaza and Greenspoint Place 2 are LEED® Gold certified.

Hines also announced a comprehensive plan to reposition Greenspoint Place that includes an amenity-rich program which will allow the campus to remain competitive with other Class A properties across the city.

This repositioning plan contains many projects that are already underway that will add to the amenities available to Greenspoint Place tenants, including a large, full-service fitness center with locker rooms and a state-of-the-art conference center. Several additional enhancements are also contemplated including an additional park area with outdoor seating and wifi, and redesigned signage throughout the complex.

“We are excited to continue our two-decade-long relationship with ABS at Greenspoint Place,” said Hines Senior Managing Director John Mooz. “We are committed to maintaining the complex to Class A standards, ensuring the repositioned campus meets the demands of today’s corporate user.”

“With Greenspoint Place occupying the top niche in the submarket, we are already seeing strong leasing activity.

There is great space coming available starting this year, and we fully expect to re-lease all of the space as it becomes available between now and 2018,” Mooz said.

ABS was represented in the transaction by Jim Arket and Mona Williams of James Arket & Co. and Hines was represented by Chip Colvill and Damon Thames of Colvill Office Properties.

Hines is a privately owned real estate firm involved in real estate investment, development and property management worldwide. The firm’s historical and current portfolio of projects that are underway, completed, acquired and managed for third parties includes 1,283 properties representing more than 516 million square feet of office, residential, mixed-use, industrial, hotel, medical and sports facilities, as well as large, master-planned communities and land developments.

Currently, Hines manages 378 properties totaling 151.9 million square feet, which includes 84.3 million square feet for third parties.

In the Greenspoint area, Hines and the GM Pension Plans own approximately two million square feet of office and retail space. With offices in 111 cities in 18 countries, and controlled assets valued at approximately $25.2 billion, Hines is one of the largest real estate organizations in the world. Hines is also a world leader in sustainable real estate strategies, with extensive experience in LEED, ENERGY STAR®, BREEAM, Haute Qualité Environnementale and DGNB green building rating systems.

Visit www.hines.com for more information.

Greenspoint Place 2

Contact Hines

Headquarters

Global Headquarters

2800 Post Oak Blvd.
Houston, TX 77056-6188
United States
1 713 621 8000
Contact Hines

European Headquarters

5 Welbeck St.
London W1G 9YQ
United Kingdom
44 20 7292 1900

Asia Pacific Headquarters

1 Connaught Road, 28F
Central, Hong Kong
China
852 3651 6198

Regional Offices

U.S. East Region

345 Hudson Street
12th Floor
New York, NY 10014
United States
1 212 230 2300

U.S. Midwest Region

444 West Lake Street
Suite 2400
Chicago, IL 60606
United States
1 312 419 4900

U.S. Southeast Region

5 Ravinia Dr NE
Atlanta, GA 30346
United States
1 770 206 5300

U.S. Southwest Region

609 Main St.
Suite 2400
Houston, TX 77002
United States
1 713 237 5600

U.S. West Region

101 California Street
Suite 1000
San Francisco, CA 94111
United States
1 415 982 6200

Asia Pacific Region

1 Connaught Road, 28F
Central, Hong Kong
China
852 3651 6198

Eurasia Region

Gasheka Street 6
Ste. 820
Moscow 125047
Russia
7 495 785 05 00

European Region

5 Welbeck St.
London W1G 9YQ
United Kingdom
44 20 7292 1900

International Offices

Australia

20 Hunter St
Level 10
Sydney, NSW 2000
Australia
61 2 9232 3137

Brazil

Av. das Nações Unidas, 12901
Torre Norte - 6 ° andar
São Paulo 04578-910
Brazil
55 11 5504 7600

Canada

200 King Street West
Suite 1805
Toronto, ON M5H 3T4
Canada
416 595 1949

China

Suite 1000, One Museum Place
669 Xin Zha Road, Jing An District
Shanghai, PRC 200041
China
86 21 6087 2200

France

66 Avenue Charles de Gaulle
Neuilly-sur-Seine, IDF 92522
France
33 1 41 45 80 80

Germany

Hines Immobilien GmbH
Joachimsthaler Str. 1
D - 10623 Berlin
Germany
49 30 726241 100

Greece

Voukourestiou 19
Athens 106 71
Greece
30 210 364 7895

India

One Horizon Center
12th Floor
Gurgaon, Haryana 122002
India
91 124 480 2222

Ireland

Block 2, First Floor
Clanwilliam House, Clanwilliam Place
Dublin 2
Ireland
353 1 7999900

Italy

Via Broletto, 35
Milan 20121
Italy
0039 02 8962921

info.italy@hines.com

Japan

4F Akasaka K Tower
1-2-7 Motoakasaka, Minato-ku
Tokyo 107-0051
Japan
81 3 6890 3205

Luxembourg

35 F, John F. Kennedy
Luxembourg L-1855

352 264 337 1

Mexico

Torre del Angel
Reforma 350
Mexico D.F. 06600
Mexico
52 55 52428809

The Netherlands

Rokin 69
Amsterdam 1012 KS
Netherlands
31 6204 93834

Nordic Countries

Forbindelsesvej 4
2100 Copenhagen O
Denmark
44 7815 285 191

Panama

Torre B Piso 15
Torre de las Americas
Punta Pacifica, Panama City
Panama
507 028 20 7375

Poland

Prosta Street 68
Warsaw 00-838
Poland
48 22 351 2400

Russia

Gasheka Street 6
Ste. 820
Moscow 125047
Russia
7 495 785 05 00

Spain

Paseo de la Castella 110 - 2º B
Madrid 28046
Spain
34 91 703 00 23

South Korea

Three IFC, Level 43
10, Gukjegeumyung-ro, Yeongdeungpo-gu
Seoul 07326
Republic of Korea
82 2 6138 4401

United Kingdom

5 Welbeck St.
London W1G 9YQ
United Kingdom
44 20 7292 1900