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Centric Infrastructure Group Relocates Corporate Headquarters to The Woodlands® Towers at The Waterway

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THE WOODLANDS, TX – The Howard Hughes Corporation® (NYSE: HHC) announced Centric Infrastructure Group will relocate its corporate headquarters to 9950 Woodloch Forest Tower, part of The Woodlands® Towers at The Waterway. Expanding their headquarters to occupy multiple floors at the Class AAA tower, the company joins the 33 businesses that have relocated, moved or expanded since 2020 into The Woodlands, named the Best Community to Live in America for the past two consecutive years by Niche.

The Woodlands Waterway Tower 9950 Woodloch Forest Howard Hughes

Centric Infrastructure Group is one of the fastest-growing natural gas and fiber optic telecommunication companies in Texas, and the company’s relocation to 9950 Woodloch Forest Tower allows them to centralize operations and realize additional efficiencies as they meet their needs as an expanding business. The Woodlands Towers at The Waterway was selected for its convenient location in the heart of The Woodlands Town Center, offering employees both easy commuting access and adjacency to the urban walkability, retail, dining and entertainment along the The Woodlands Waterway®.

“It is humbling to see the transformative growth that Centric has achieved over the last few years,” noted Robert Barnwell IV, President & CEO of Centric Infrastructure Group. “I am grateful to the whole Centric team for all it has achieved so far and all that I know it can achieve in the future. I’m also grateful for the opportunity to work with our friends at Howard Hughes. We share their ambition to shape the communities of tomorrow and look forward to a long and successful collaboration at The Woodlands Towers.”

 

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“Centric’s success and rapid growth is founded on our core values – innovation, integrity, excellence, teamwork – and above all, the hard work and dedication of our employees,” added Richard Oussedik, Chief Operating Officer, Centric Infrastructure Group. “We want to be the best at what we do, delivering high quality infrastructure to the communities we serve. We know that Howard Hughes shares those values, so it felt very natural to partner with them to look for our new home. Our whole team is looking forward to many successful years in The Woodlands’ premier office space!”

The Woodlands Towers at The Waterway, the largest Class AAA office buildings in Montgomery County, are 82% leased, attracting diverse tenants from fields including oil and gas, bitcoin management, commercial real estate brokerage, cyber intelligence, insurance, legal, real estate development, renewable energy, skincare, technology, utilities and wealth management.

“We are excited for Centric Infrastructure Group to join us at The Woodlands Towers at The Waterway—an exceptional setting that delivers a premier office space experience designed to meet the needs of dynamic companies like Centric who are growing and attracting today’s valued employees,” said Jim Carman, President of the Houston Region for The Howard Hughes Corporation. “Strong leasing momentum continues at The Woodlands Towers at The Waterway, thanks to the flexibility and opportunities for expansion and long-term growth that the location offers to businesses today, along with the towers’ convenient access to all the walkable urban amenities found along The Woodlands Waterway.”

The Woodlands Towers at The Waterway are LEED® Silver and Energy Star® Certified Class AAA office buildings and received the prestigious Builder Owners and Management Association (BOMA) 360 Performance Program designation. Amenities at the towers focus on health and wellness and include a two-story, 19,000-square-foot fitness center with convenient walkability along The Woodlands Waterway near urban residential enclaves, shopping, dining, entertainment, and hospitality. 9950 Woodloch Forest Tower features a 33,000-square-foot multipurpose rooftop terrace with available conference facilities.

 

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Centric Services, Inc. was represented by Paul Penland and Jerrod McQuain of JLL. The Howard Hughes Corporation was represented by Robert S. Parsley, Norman V. Munoz, and Jillian Fredericks with Colliers.

The Woodlands logo

The Woodlands, a 28,500-acre award-winning master planned community located 27 miles north of downtown Houston, was recognized two consecutive years, 2022 and 2021, as the #1 Best Community to Live in America by Niche. The Woodlands offers an unprecedented 28% of green space, leading the way among master planned communities that practice environmental preservation. It is home to 120,000 people, and nearly 64,000 people work in the community. The Woodlands has received numerous past accolades including the Vision Award, Development of Distinction from the Urban Land Institute; three-time honoree of “Master Planned Community of the Year,” four-time recipient of “Humanitarian of the Year” and “Trailblazer of the Year” in 2018 by the Greater Houston Builders Association; American Trails Developer Award; Environmental Planning Award from the American Society of Landscape Architects, Texas Chapter Houston Section. The Woodlands is a community of The Howard Hughes Corporation®, which supports over 180 local causes in the Houston region through its HHCares program. For more information, visit www.thewoodlands.com. For additional details, find us on Facebook, Twitter, and Instagram.

Howard Hughes logo 2022

The Howard Hughes Corporation owns, manages, and develops commercial, residential, and mixed-use real estate throughout the U.S. Its award-winning assets include the country’s preeminent portfolio of master planned communities, as well as operating properties and development opportunities including: the Seaport in New York City; Downtown Columbia®, Maryland; The Woodlands®, The Woodlands Hills®, and Bridgeland® in the Greater Houston, Texas area; Summerlin®, Las Vegas; Ward Village® in Honolulu, Hawaiʻi; and Douglas Ranch in Phoenix. The Howard Hughes Corporation’s portfolio is strategically positioned to meet and accelerate development based on market demand, resulting in one of the strongest real estate platforms in the country. Dedicated to innovative placemaking, the company is recognized for its ongoing commitment to design excellence and to the cultural life of its communities. The Howard Hughes Corporation is traded on the New York Stock Exchange as HHC. For additional information visit www.howardhughes.com.

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