FORT WORTH, TX, (May 20, 2011) – Crescent Real Estate Holdings LLC announced today that Towers Watson Pennsylvania, Inc. signed a lease renewal and expansion totaling 23,520 square feet at 1 Houston Center in Houston’s Central Business District. Debbie Wilson of Crescent Real Estate represented the owner, Crescent HC Investors, L.P. while Louie Crapitto of Jones Lang LaSalle represented Towers Watson.
“We are excited that Towers Watson expanded and consolidated to 1 Houston Center with a lease renewal and expansion of an additional 2,342 square feet in 1 Houston Center,” said Wilson. Towers Watson also renewed its current 21,178 square foot lease for five years. “The amenities and convenience of Houston Center are quite attractive to our customers,” Wilson added. “Whether it is the convenience of downtown sports venues or the enhanced casual and fine dinning and entertainment experience at The Shops, our customers are enjoying the amenity-rich location of Houston Center. This includes the recently expanded Kelsey-Seybold medical facility and pharmacy in The Shops at Houston Center.”
Towers Watson is a leading global professional services company that helps organizations improve performance through effective people, risk and financial management. Towers Watson offers employee benefits, talent management, as well as risk and capital management solutions.
ABOUT HOUSTON CENTER
Houston Center is the premier business, living and leisure complex in Houston’s Central Business District. Its city-within-a-city concept features office space, luxury lodging, restaurants, shopping, banking, health and fitness, and residential high-rise living – all linked by sky bridges and underground pedestrian tunnels. Houston Center features four office towers with 4.2 million square-feet of Class A office space located in 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 Houston Center website at www.houstoncenter.com.
ABOUT CRESCENT
Crescent Real Estate Holdings LLC, headquartered in Fort Worth, Texas, is a fully-integrated real estate company owned by Barclays Capital and Goff Capital. 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 website at www.crescent.com.
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