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Transwestern is Awarded Medical Office Leasing Assignment

AMD ASSET HOLDINGS AWARDS TRANSWESTERN 110,000 SF MEDICAL OFFICE LEASING ASSIGNMENT

Transwestern’s Houston headquarters today announced it has been awarded the leasing assignment for Shadow Creek Professional Plaza I, a 110,000-square-foot, Class A, medical office development. The development, located in Pearland, Texas on the southwest corner of Business Center Drive and Discovery Bay Drive, is owned and developed by AMD Asset Holdings LLC.

Tim Gregory, senior vice president of healthcare advisory services, will lease the professional office building on behalf of AMD. Phase I, a four-story building, is currently being pre-leased and is scheduled for delivery in the second quarter of 2014.

“We are excited to be a part of a significant new wave of medical development in Pearland,” said Gregory. “Excellent access and visibility from Highway 288 and the central location of the site positions Shadow Creek Professional Plaza to become one of Pearland’s preferred Class A professional office buildings. Additionally, physician tenants within the building will have an opportunity to invest in the asset, another unique and attractive aspect of this development. This has been well received by many physicians who are looking for commercial real estate investment opportunities.”

ABOUT TRANSWESTERN
Transwestern is a privately held real estate firm specializing in agency leasing, property and facilities management, tenant advisory, capital markets, development, research and sustainability. The fully integrated global enterprise leverages competencies in office, industrial, retail, multifamily and healthcare properties to add value for investors, owners and occupiers of real estate. Transwestern facilitates better decision-making for clients by combining penetrating local market intelligence and macro-market research through its affiliate, Delta Associates. Transwestern has 34 U.S. offices and assists clients through more than 181 offices in 40 countries as part of a strategic alliance with Paris-based BNP Paribas Real Estate.

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