Savills Studley Expands Texas Gulf Bank in Houston
Houston, TX (March 19, 2015)
The leading commercial real estate services firm, Savills Studley announced today that Texas Gulf Bank, N.A., an independently owned and operated community bank with locations along the Texas Gulf Coast, is expanding its Houston operations to 900 Town and Country Lane. The company’s new lease of nearly 9,000 square feet is located within the building’s first and second floors.
Kevin Hodges, Senior Managing Director at Savills Studley’s Houston office represented Texas Gulf Bank in the transaction, while Bill Stone of Cushman & Wakefield of Texas represented the landlord.
“This was a very strategic decision for Texas Gulf Bank. It was important for the bank to expand its footprint in Houston’s Energy Corridor market and the location of this building is spot on for accessing that market,” said Hodges.
The 900 Town & Country Lane Building is located across from the popular City Centre development in which its developer, Midway Properties, recently announced plans to construct three additional Class A office buildings totaling over 987,000 square feet. Texas Gulf Bank will continue operating its retail branch at the corner of S. Voss Road and San Felipe.
According to Hodges, Texas Gulf Bank is expected to occupy the space in April 2015.
About Texas Gulf Bank
Texas Gulf Bank is independently owned and operated and offers a full range of financial products and services, to businesses and consumers in Brazoria, Harris and Galveston counties. Established in 1913 in Freeport, Texas, the bank has grown to offer services to customers at nine locations along the Texas Gulf Coast. Texas Gulf Bank, MEMBER FDIC, has a five star rating from Bauer Financial. For more information, visit www.texasgulfbank.com.
About Savills Studley
Savills Studley is the leading commercial real estate services firm specializing in tenant representation. Founded in 1954, the firm pioneered the conflict-free business model of representing only tenants in their commercial real estate transactions. Today, supported by high quality market research and in-depth analysis, Savills Studley provides strategic real estate solutions to organizations across all industries. The firm’s comprehensive commercial real estate platform includes brokerage, project management, capital markets, consulting and corporate services. With 29 offices in the U.S. and Canada, and a heritage of innovation, Savills Studley is well known for tenacious client advocacy and exceptional service.
The firm is part of London-headquartered Savills plc, the premier global real estate service provider with over 30,000 professionals and over 700 locations around the world. Savills plc is listed on the London Stock Exchange (SVS.L).
For more information, please visit www.savills-studley.com and follow us on Twitter @SavillsStudley and LinkedIn.