Swift Energy Company Lease at Five Greenspoint Place

(HOUSTON) – Hines, the international real estate firm, announced today Swift Energy Company, an oil-and-gas exploration, development and acquisition company, has renewed its lease commitment to Greenspoint Place and will be relocating its headquarters from Two Greenspoint Place to Five Greenspoint Place at 17001 Northchase Drive, taking over 120,000 square feet including the top six floors. Swift Energy will move buildings during the second quarter of 2015. The 461,000-square-foot Five Greenspoint Place building was most recently the former headquarters of ExxonMobil and previously Anadarko.

Greenspoint Place, is a 13.5-acre, mixed-use office/retail development at the North Sam Houston Parkway and Greenspoint Drive. Five Greenspoint Place is a LEED®-Gold certified, 19-story office building with an attached garage. Greenspoint Place includes the Hilton Houston North Hotel, offices, restaurants, shops, an athletic club and child-care facilities. The complex is bounded by Greenspoint and Northchase drives and Greens Road and Benmar Drive. Greenspoint Place is 10 minutes from Houston Intercontinental Airport and 25 minutes from the Houston CBD. Other major tenants in Greenspoint Place include American Bureau of Shipping (ABS), ExxonMobil and HealthHelp.

“Swift Energy has been assessing our Houston office space options for the past several months, focused on our long-term need to provide: 1) Proximity and easy access to our employee base, 2) Quality, security, expandability and value, and 3) Amenities both within and adjacent to the property. For 30 years Swift has found that in Greenspoint,” says Alton Heckaman, EVP/CFO of Swift Energy Company. “The commitment by ownership, such as the addition of some first-class amenity space currently under construction, was a key factor in our decision to stay here. Our move down the street to Five Greenspoint Place provides more opportunity for future expansion while maintaining the convenience and efficiency of this centrally located complex.”

“The current renovation of Greenspoint Place is targeted to attract and retain Class A tenants,” says Hines Senior Managing Director John Mooz. “As a valued anchor tenant for many years, Swift Energy and their employees appreciate the campus setting as well as the on-site hotel and club. With the new capital improvements, including more green space, a state-of-the-art conference center, and high-performance fitness center, Greenspoint Place continues to be the top-tier office asset in North Houston.”

Garrold Parratt and Chad Baker of JLL in Houston, represented Swift Energy.

Damon Thames, Tripp Pruet and Chip Colvill of Colvill Office Properties represented the landlord in lease negotiations.

Greenspoint Place is owned and managed by Hines.

Hines is a privately owned real estate firm involved in real estate investment, development and property management worldwide. The firm’s portfolio of projects that are completed, acquired or underway includes 1,163 properties representing more than 389 million square feet of office, residential, mixed-use, industrial, hotel, medical and sports facilities, as well as large, master-planned communities and land developments. Currently, Hines manages 402 properties totaling 170 million square feet, which includes 96.5 million square feet for third parties. With offices in 121 cities in 19 countries, and controlled assets valued at approximately $30.7 billion, Hines is one of the largest real estate organizations in the world. Hines is also a world leader in sustainable real estate strategies, with extensive experience in LEED, ENERGY STAR®, BREEAM, Haute Qualité Environnementale and DGNB green building rating systems. Visit www.hines.com for more information.

Five Greenspoint Place
Caption Five Greenspoint Place