Free Content, Case study
Trammell Crow Company and its joint venture partner Principal Real Estate Investors purchased the site for Hess Tower in March 2007, which was formerly a parking lot. The project broke ground in March 2008 as a speculative office development and the first pre-certified LEED Gold office building to be constructed in Houston’s Central Business District. The building was completed in June 2011 and exceeded in its sustainability efforts by receiving LEED Platinum designation. The tower sold to a Canadian investor H&R REIT in December 2011, in one of the most significant deals of the year.