Mark Butts Of CB&I Leases 43000 Square Feet At 1725 Hughes Landing Boulevard In The Woodlands

The property asset involved is a mixed-use space located at 1725 Hughes Landing Boulevard in The Woodlands, featuring a total square footage of 43,000. The landlord of the property is Howard Hughes Holdings, with David O’Reilly representing the landlord in this transaction.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: Not specified
• Address: 1725 Hughes Landing Boulevard
• Market: The Woodlands
• Landlord: David O’Reilly - Howard Hughes Holdings
• Tenant: Mark Butts - CB&I
• Brokers: Jack Russo, Scott Fikes & Steve Hesse - JLL

CB&I is leasing the space and moving 150 employees back to The Woodlands area after having relocated in 2018 following a merger with McDermott. In a strategic move, Howard Hughes is focusing on its real estate operations, which includes spinning off non-core assets while exploring a buyout possibility by investor Bill Ackman.