FORT WORTH, TX, (September 8, 2010) – Crescent Real Estate Holdings announced today that Planning Design Research Corporation signed a new 10-year lease for 16,239 square feet at 2 Houston Center in the heart Houston’s Central Business District. Debbie Wilson of Crescent represented the owner, Crescent HC Investors, L.P. while Sanford W. Criner, Jr. and Elliott A. Hirshfeld of CB Richard Ellis represented Planning Design Research Corporation.
“Crescent is excited that Houston-based Planning Design Research Corporation selected Houston Center as its new corporate home,” said Robert H. Boykin, Jr., managing director of leasing at Crescent. “In addition to being a significant lease for Houston Center, this is a great fit for one of the largest corporate interior design specialists to move to 2 Houston Center, one of Houston’s most unique and artfully designed buildings. Our magnificent three-level public lobby and two above-the-street outdoor plazas will provide an inspirational setting for our new design customer.” “We are excited about our move to Houston Center,” said Wayne Braun, design director at PDR. “It will be another milestone for PDR marking 33 years of success. It also signals a very healthy and prosperous future where our new office at Houston Center will be our launch pad for designing the best corporate workplaces around the world.”
Boykin added that Planning Design Research Corporation’s move is another strong example of an established company with office space on the west side of downtown joining the migration to the more vibrant east side. “Houston Center’s four office towers with 4.2 million square feet of Class A office space sit directly adjacent to the City of Houston’s most modern urban development: Discovery Green, Toyota Center, Hilton Americas’ 1,200 room Hotel, and Houston Pavilions, as well as the expanded and refurbished George R. Brown Convention Center,” Boykin said.
Houston Center is attached by sky-bridge to the prestigious Four Seasons hotel which features 400 hotel rooms, 47 luxury condominiums and 58 first-class apartments. Additional Houston Center amenities include the Shops at Houston Center, a 200,000 square foot retail center with more than 30 eateries, Kelsey-Seybold clinic and full-service post office, as well as a Larry North fitness center and the Downtown Club’s full-service health and social club, dining and athletic facilities.
Planning Design Research Corporation is an architectural firm specializing in design and delivery of innovative workplace solutions since 1977. Planning Design Research is an authority on creating spaces for collaboration, flexibility, and integrating technology into the office. Working with Fortune 100 companies around the globe, Planning Design Research Corporation has created high performance work environments for organizations who recognize that the workplace is a key strategic asset in promoting the effective integration of talent, process, and technology.
Houston Center is a 4.2 million square-foot Class A office complex with four office towers located in the heart of the Central Business District in Houston, TX and is currently 91% leased. The multi-block complex has been artfully developed according to classic design principles as an exciting urban environment for people. For more information, visit the Houston Center website at www.houstoncenter.com.
ABOUT CRESCENT
Crescent Real Estate Holdings LLC is headquartered in Fort Worth, Texas. Through its subsidiaries and joint ventures, Crescent owns and manages a portfolio of 35 premier office buildings totaling over 17 million square feet located in select markets across the United States with major concentrations in Dallas, Houston, Denver and Las Vegas. Crescent also holds investments in resort residential developments in locations such as Scottsdale, Vail Valley, and Lake Tahoe; luxury hotels; and the wellness lifestyle leader, Canyon Ranch®. For more information, visit Crescent’s Web site at www.crescent.com.
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