Quote:
Originally Posted by Nautica
Curious to see if they move their world headquarters from Irving to this new campus.
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Exxon Mobil’s Real Estate Shake Up
By Nancy Sarnoff
Houston Chronicle
Published 06-07-11, 3:47pm CDT
Quotes:
"About 8,000 Houston-area employees will relocate to the new campus just south of The Woodlands.
The long-expected announcement was made to employees early this morning in a memo and later to the public."
...
"
Exxon Mobil’s Irving headquarters will not move, nor will the Fort Worth offices of recently acquired XTO Energy. The company’s Fairfax, Va. offices, however, are part of the study. Some 2,500 employees work in that location."
...
"For Houston, the long-expected consolidation will shake up the real estate market."
"Exxon Mobil will vacate several area buildings, including a 44-story tower downtown and several buildings in the Greenspoint area. Employees who work in two additional buildings — one on Buffalo Speedway and another along the Katy Freeway — will also move to the new campus."
....
"Houston economist Barton Smith said the move out of downtown wasn’t likely to be “disastrous,” but there could be repercussions later.
“Are we going to see a mass exodus of energy employment in general from downtown? I think it’s worth keeping an eye on,” he said."
Full article can be found here:
http://blog.chron.com/primeproperty/...tate-shake-up/
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