Monday , 26 September 2016
Breaking News

New Office Building for Pearland Town Center Near Houston

PEARLAND, Texas – CBL Properties, a REIT based in Tennessee, is developing a 60,000-square-foot office building in Pearland Town Center, a large mixed-used project just south of Houston.

The existing office space in the project is 96 percent leased and rents are strong, reports broker Lilly Golden of Evergreen Commercial Realty.

Pearland Town Center had the misfortune of opening in July 2008, just weeks before Hurricane Ike hit Houston and the bankruptcy of Lehman Brothers spiraled into a national recession.

Pearland Town Center, located on 110 acres at the southwest corner of Highway 288 and FM 518, includes Sueba USA apartments, a Courtyard by Marriott and office space above retail. The open-air mall has a Dillard’s and a Macy’s.

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