Office building to rise in new portion of Memorial City
The latest office building announced for Memorial City will be constructed in a new portion of the 265-acre mixed-use development.
Houston-based MetroNational said July 7 it will develop a 240,000-square-foot office building, which will be anchored by Mexico-based Cemex SAB de CV’s U.S. headquarters office. Cemex (NYSE: CX), a building materials company, will occupy approximately 80,000 square feet on the second and third floors of the six-story building.
Sue Rogers and Steven Heal of Cresa represented Cemex, and MetroNational represented itself in the deal.
Cemex has had an office in Memorial City since 2005. Its current U.S. headquarters are at 929 Gessner Road, suite 1900, and the new building will be at 10100 Katy Freeway, on an 18-acre tract at the northwest corner of Gessner Road and Interstate 10.
“The northwest corner is MetroNational’s newest commercial development and the first step in expanding Memorial City north of I-10,” Jason Johnson, president at MetroNational, said in a statement.
The new building is scheduled to break ground this fall and be complete in fall 2016. It also will include approximately 15,000 square feet of retail on the first floor.
Houston-based Powers Brown Architecture is the architect of record, and Houston-based Anslow Bryant Construction is the general contractor.