Howard Hughes Lands 28 KSF Lease in Metro Houston
An energy services provider is moving from subleased space in an adjacent building.
Howard Hughes Communities, the real estate platform of Howard Hughes Holdings, has signed NAES Corp. to more than 28,000 square feet at 1725 Hughes Landing, a 13-story, 331,754-square-foot office building in The Woodlands, Texas.
The space will be a new central region hub for NAES, an operations and maintenance service provider to the energy industry. The office will house the company’s Performance Center, supporting remote operations, performance monitoring and diagnostics, reliability engineering, optimization services and operational intelligence.
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With floor plates of 27,570 square feet, 1725 Hughes Landing was built in 2015 and has a vacancy rate of 31.8 percent, according to Yardi Matrix. Building amenities include a fitness center, conference area and on-site deli.
A Hughes spokesperson told Commercial Property Executive that NAES had been subleasing about 27,000 square feet at 1735 Hughes Landing. She added that NAES plans to increase staffing at Hughes Landing from a few key employees to nearly 50 personnel and is actively hiring control operators for its Performance Center.
NAES stated that its decision to solidify its direct, long-term presence in Hughes Landing was based in part on the advantages of operating in a master-planned community.
The tenant was represented by Stream Realty Partners Managing Director and Vice Chairman Lucian Bukowski, along with CBRE Executive Vice President Kip Durrell. Howard Hughes Communities was represented by CBRE Senior Vice President Jillian Fredericks, Associate Joel Douthit and Executive Vice President John Spafford.
A strong submarket
In May 2025, Howard Hughes Holdings Inc. acquired 10101 Woodloch Forest Drive, a 202,601-square-foot, eight-story office building in The Woodlands, for $16.3 million from Net Lease Office Properties. The 2009 building was unoccupied, giving Howard Hughes the ability to offer immediate Class A space to the market.
Although Houston’s office market saw modest negative absorption in the first quarter, according to an April report from Partners Real Estate, Woodlands/Conroe was one of the submarkets posting the highest gains, in this case 71,480 square feet. Woodlands/Conroe also has among the lowest overall vacancies, with a figure of 13.4 percent on inventory of 17.2 million square feet.
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