Between the amenities nearby, the newly available office space, and Greenspoint’s convenient transportation infrastructure, the District is becoming a competitive choice in today’s business community.
Houston, TX (PRWEB) August 11, 2015
The Greenspoint District has now become one of the most affordable and sought after areas around Houston with more than 11 million square feet of total office space. In fact, it’s the first time in decades that Class A office has become available in Greenspoint.
“The newly available blocks of office space have really put Greenspoint on the radar of both national and international companies who are looking for highly competitive advantages in this market,” said Bart Baker, Acting President, Greenspoint District. “The District offers an affordable, convenient location for corporations seeking a new headquarters site, developers looking to build on vacant land, and investors looking to develop in the area.”
It is for these reasons that Greenspoint has successfully retained high-profile businesses in the area. Within Greenspoint Place, American Bureau of Shipping, a marine and offshore energy standards and classification corporation, has expanded its long-term lease to approximately 258,000 square feet; Swift Energy, an independent oil and gas company, renewed its long-term lease of approximately 120,000 square feet; and HealthHelp, a Houston-based provider of technology for educative and collaborative healthcare administration, moved from another Greenspoint office building into a 40,000-square-foot space.
Elsewhere in the District, Nabors Industries, an upstream oil and gas corporation with an international footprint, expanded its operational headquarters occupying over 323,000 square feet at One Commerce Green, and Lennar Homes, one of Houston’s largest homebuilders, is building a new 69,000-square-foot headquarters in the Greens Crossing office campus.
With office lease rates 22 percent below the Houston average, the Greenspoint District is a great value for cost-conscious companies looking to expand to the area. Owners with large blocks of space in Greenspoint are preparing for their future tenant base by investing in their properties with attractive amenities including large conference centers, fitness centers, open floor plans, executive suites, and co-working offices specifically suited for small businesses and higher parking ratios.
The District’s available properties also include LEED® certified buildings. Dedicated to sustainability, the LEED® certification guarantees high standards of design, construction, and functionality. Green buildings also generate a higher return on investment for companies due to the increased efficiency and reduced costs of water and energy bills by as much as 40 percent.
Another high selling point for national and international companies is the area’s prime location near leading global air, sea, roads, and rail transportation. Tenants are connected to millions of consumers via George Bush Intercontinental Airport (IAH) and the Port of Houston. In fact, IAH, located just six miles (10 minutes) from the District, serves 38 countries and provides flights to 185 non-stop destinations, including more non-stop flights to Mexican destinations than any other airport in the country.
“Between the amenities nearby, the newly available office space, and Greenspoint’s convenient transportation infrastructure, the District is becoming a competitive choice in today’s business community,” said Baker.
About the Greenspoint District
The Greenspoint District is a business improvement district providing services in public safety, infrastructure and recreational development, transportation planning and beautification, public relations, and economic development. Located just 15 miles north of downtown Houston, the District serves a 12-square-mile area, including more than 20 million square feet of office, retail and industrial properties. The area includes over 6,000 businesses, 64,000 employees, and 109,000 residents. For more information, visit http://www.greenspoint.org/.