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Demand Continues For Office Space In The Woodlands With New Leases Signed Totaling Five Full Floors Of 9950 Woodloch Forest Tower
THE WOODLANDS, TX -- The Howard Hughes Corporation® (NYSE: HHC) announced the signing of 133,948 square feet of office space at 9950 Woodloch Forest Tower in The Woodlands®, reflecting the ongoing demand for office space in The Woodlands. The iconic office tower, one of two buildings comprising The Woodlands Towers at The Waterway, is welcoming new tenants Kodiak Gas Services, LLC, Kraton Corporation, and US Oncology, Inc., as well as an expansion by Western Midstream Partners, LP, with new leases spanning five full floors of the tower as companies continue to be drawn to The Woodlands’ business-friendly environment with low taxes, world-class amenities, open space and urban walkability.
“The demand for office space within The Woodlands Towers at The Waterway has been notably robust as businesses look to create an office environment that attracts today’s highly skilled, educated employees while providing opportunities for long-term growth,” said Jim Carman, President of the Houston Region for The Howard Hughes Corporation. “Office leasing momentum in The Woodlands remains strong, with a vacancy rate nearly half the level being experienced in Houston’s central business district, exemplifying the flight to quality that is attracting companies across various industries to our community.”
Amenities in The Woodlands Towers at The Waterway focus on health and wellness, including a two-story, 19,000-square-foot fitness center with a full-size court for basketball, volleyball, and pickle ball, a sprint track, premier cardio and weight equipment, and fully equipped locker rooms. A 33,000-square-foot multipurpose rooftop terrace is designed for social events, relaxation and recreation, conveniently located adjacent to conference facilities spanning nearly 9,000 square feet. The 9950 Woodloch Forest Tower entrance and lobby café overlook The Woodlands Waterway®.
Located in the heart of The Woodlands Town Center, The Woodlands Towers at The Waterway offers convenient pedestrian access to outdoor spaces, shopping, dining, hotels and entertainment, including The Cynthia Woods Mitchell Pavilion—ranked by Pollstar as the #2 Best Outdoor Amphitheater in the World for tickets sold in 2022.
The appeal of The Woodlands is further exemplified by its walkable urban setting, highlighted by an unprecedented 28% of open green space. Employees and employers are attracted to The Woodlands, which has garnered the prestigious ranking as the #1 Best Community to Live in America in 2021 and 2022 by Niche.
Kodiak Gas Services, LLC, Kraton Corporation, US Oncology, Inc., and Western Midstream Partners, LP, represent diverse industries, including compression services, specialty polymers production, cancer care network, and midstream energy assets.
Kodiak Gas Services, LLC, a leading operator of contract compression infrastructure in the United States, is relocating its corporate headquarters from Montgomery, Texas to The Woodlands. The company has leased two floors of the Tower, totaling 53,060 square feet.
Kraton Corporation, a leading global sustainable producer of specialty polymers and high-value biobased performance products derived from renewable resources, is relocating from North Houston and will occupy one full floor with 27,179 square feet.
US Oncology, Inc. has leased one full floor with 26,530 square feet. The company empowers the delivery of advanced integrated cancer care through its network of independent physicians who share expertise and resources to provide quality, value-based care close to home. The company is relocating its offices from 10101 Woodloch Forest Drive in The Woodlands.
Western Midstream Partners, LP acquires, owns, develops, and operates midstream energy assets and has leased an additional full floor with 27,179 square feet for a total of 133,960 square feet of office space within 9950 Woodloch Forest Tower.
Howard Hughes continues to offer compelling leasing options throughout The Woodlands with flexible office space and build-to-suit opportunities in an urban walkable setting.
Kodiak Gas Services, LLC, was represented by Anthony Squillante and Drew Coupe with Avison Young. Kraton Corporation was represented by Reggie Beavan, Adam Grimm and Audrey Selber with Newmark. US Oncology, Inc., was represented by Steve Andrews with Fischer. Western Midstream Partners, LP, was represented by Chad Beck with Cushman & Wakefield. The Howard Hughes Corporation was represented by Robert S. Parsley, Norman V. Munoz and Jillian Fredericks with Colliers.