5 Houston Center broke ground in November 2000 and is due to deliver in September. It stands at 86% leased, with Ernst & Young's add-on. The project, owned by Fort Worth-based Crescent Real Estate Equities Co., is the first multi-tenant office development to be built in Houston's CBD in 16 years.
Debbie Wilson, vice president of leasing for Houston Center represented the building owner of record, Crescent 5 Houston Center LP. Brandi Gawlikowski, Pat Hicks and Phil Puckett, all of the Houston office of Dallas-based Trammell Crow Co., represented the tenant in the lease negotiations.
Crescent's Houston Center complex will contain 3.3 million sf with the building's delivery. The office development overall is 95% leased.
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