FORT WORTH, TX, (April 14, 2011) – Crescent Real Estate Holdings LLC announced today that Willbros Group, Inc. (NYSE: WG) recently signed a new long-term lease at Crescent’s corporate headquarters’ property in downtown Fort Worth, Carter Burgess Plaza. Willbros Engineers, with offices in Denver, Houston, Tulsa, Kansas City, and Pittsburgh, will occupy 10,550 square feet on the 7th floor next month. Whit Kelly, Senior Vice President of Jones Lang LaSalle, represented the owner, MS Crescent One SVP, LLC, while Kirk Kelly of Transwestern represented Willbros. “We keep seeing energy service companies enter the market because of the continued production activity and the energy talent that exists in Fort Worth.
Willbros, founded in the early 1900’s, is a highly reputable player in the industry, and we are honored to have them select Carter Burgess Plaza as their Fort Worth home,” said JLL’s Whit Kelly. Willbros Group, Inc. (www.willbros.com) is an independent contractor serving the oil, gas, power, refining and petrochemical industries, providing engineering, construction, turnaround, maintenance, life cycle extension services and facilities development and operations services to industry and government entities worldwide.
Carter Burgess Plaza is a 40-story, Class A office building totaling 954,895 rentable square feet in the heart of downtown Fort Worth. Carter Burgess Plaza is bounded by 6th and 7th Streets on the north and south, Main and Commerce Streets on the east and west and is located within two blocks of the western hub for the Trinity Railway Express train service to DFW Airport and Dallas.
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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