Chevron Acquires 77-Acre Development Site In Cypress, Texas For Potential Research And Development Campus

Chevron has purchased approximately 77 acres in Cypress, Texas, from the Howard Hughes Corporation. The property is located within the Bridgeland development and is a development site. The purchase was made for a potential research and development campus.

Summary of transaction details

• Property Type: Development Site
• Transaction Amount: Not specified
• Address: Cypress
• Market: Cypress

In this transaction, Chevron's representatives were Mike Wirth and Daniel Abate, while the Howard Hughes Corporation was represented by Jim Carman. The sale of the property provides Chevron with the opportunity to create a research and development campus in Cypress, Texas.