{"id":1004206208,"date":"2018-02-08T01:03:54","date_gmt":"2018-02-08T09:03:54","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004206208"},"modified":"2022-12-08T23:05:19","modified_gmt":"2022-12-09T07:05:19","slug":"lgi-homes-expands-houston-area-hq","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/lgi-homes-expands-houston-area-hq\/","title":{"rendered":"LGI Homes Expands Houston-Area HQ"},"content":{"rendered":"<p>By Timea Papp<\/p>\n<div id=\"attachment_1004206210\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/02\/Town-Center-I.jpg\" target=\"_blank\" rel=\"noopener noreferrer\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004206210\" data-attachment-id=\"1004206210\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/lgi-homes-expands-houston-area-hq\/town-center-i\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/02\/Town-Center-I.jpg\" data-orig-size=\"2007,1505\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Town Center I\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;Town Center I&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/02\/Town-Center-I.jpg?w=1024\" class=\"wp-image-1004206210 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/02\/Town-Center-I.jpg\" alt=\"Town Center I\" width=\"300\" height=\"225\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/02\/Town-Center-I.jpg 2007w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/02\/Town-Center-I.jpg?resize=300,225 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/02\/Town-Center-I.jpg?resize=768,576 768w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/02\/Town-Center-I.jpg?resize=1024,768 1024w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/02\/Town-Center-I.jpg?resize=1536,1152 1536w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004206210\" class=\"wp-caption-text\">Town Center I, 1450 Robbins Drive, The Woodlands, Texas<\/p><\/div>\n<p>LGI Homes has completed a lease renewal and headquarters expansion at Town Center I, a 140,000-square-foot office building in The Woodlands.\u00a0The homebuilder will occupy the entire fourth floor of Town Center I, which spans 22,262 square feet.<\/p>\n<p>JLL closed the deal on behalf of the landlord.\u00a0According to Yardi Matrix, the owner of the property is AFL-CIO Building Investment Trust Palermo Corporate Real Estate Advisors represented the tenant.<\/p>\n<h2>Sought-after location<\/h2>\n<p>Located at 1450 Robbins Drive, the Class A, six-story building completed in 1998 is ENERGY STAR-rated.\u00a0The property offers\u00a0on-site property management services, full-service banking and ample covered parking.<\/p>\n<p><em>\u201cThe Woodlands is known for amenities such as waterway views, green spaces, walking trails, shopping and a wide range of restaurants,\u201d<\/em>\u00a0JLL Vice President John Pruitt said in prepared remarks. <em>\u201cThe surrounding amenities, coupled with the enduring Class A design and construction of Town Center I, continue to make this property a sought-after, long-term location for office users.\u201d<\/em><\/p>\n<p>Situated in the heart of The Woodlands, the property provides easy access to Interstate 45 and Hardy Toll Road. Town Center I is within walking distance of numerous dining and shopping venues, including The Woodlands Mall and Waterway Entertainment District.<\/p>\n<p>The team of brokers arranging the deal included Executive Vice Presidents Pruitt and Chrissy Wilson of JLL and Managing Principal Damon Palermo of Palermo Corporate Real Estate Advisors. Earlier this month, JLL represented an investment banking firm in relocating its headquarters\u00a0to Woodway Center,\u00a0an <a href=\"https:\/\/www.commercialsearch.com\/news\/investment-bank-relocates-expands-houston-hq\/\">office high-rise in Houston<\/a>\u2019s Tanglewood submarket.\u00a0<\/p>\n<p><em>Image courtesy of JLL<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The company will occupy the entire fourth floor of Town Center I, a Class A office property located in The Woodlands. <\/p>\n","protected":false},"author":240,"featured_media":1004206210,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21784,21781,21743,1589,21742,21747],"tags":[39060,33234,32796,39059],"class_list":["post-1004206208","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-brokerage","category-corporate-real-estate","category-deals","category-houston","category-latest","category-office","tag-afl-cio-housing-investment-trust","tag-energy-star","tag-jll","tag-lgi-homes"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - 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