Credit Union Acquires Houston Office Tower

First Community Credit Union will soon have a new headquarters. The company acquired the former Noble Energy Center Two, a 470,623-square-foot office tower in Houston’s Vintage Park/Tomball area. Currently, the credit union’s main offices are at 15260 FM 529 Road.

Commercial Edge reports the Class A property previously changed hands in 2023, when Acquest Development paid $100.7 million to CalSTRS. Wilmington Trust originated a $70.4 million loan to facilitate that transaction.

Larry Cedillo of Cross Capital Realty represented the buyer. JLL Capital Markets’ Jeff Hollinden, Kevin McConn and Max Myers marketed the property for sale.

Trammell Crow Co. and Principal Real Estate Investors developed the building at 1002 Noble Energy Way after having purchased Noble Energy Center One in 2011. Completed in 2015, the tower rises 20 stories on more than 4 acres in northwest Houston.

FCCU will take over half of the building with the remaining office space available for lease to third-party tenants.

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About Mike Boyd

Mike covers our Texas and Phoenix/Southwest regions. He is a veteran news reporter who spent 10 years in radio and television news, mostly in Tucson, Arizona. Following his career in the media, he spent ten years as a communications executive for a publicly traded development company. Mike is married with three boys and three Huskies.

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