Howard Hughes Management Services Company Formed to Provide Property Management Services to Office T

Updated

Howard Hughes Management Services Company Formed to Provide Property Management Services to Office Tenants

New Company Dedicated to Elevating Expectations


DALLAS & THE WOODLANDS, Texas--(BUSINESS WIRE)-- The Howard Hughes Corporation® (NYS: HHC) has formed Howard Hughes Management Services Company (HHMSC) beginning this month to provide premium customer service and property management services for commercial tenants across the U.S. In order to provide a heightened level of customer service to their tenants, the company has assembled an experienced team of property management, financial and engineering professionals committed to excellence and striving to elevate tenants' expectations.

Launching the new suite of services at their Woodlands properties, HHMSC will provide hands-on property management, lease administration, engineering services, accounting and financial reporting, tenant relations programs, risk management and construction management. As part of the overall services, the HHMSC team at The Woodlands® is also offering a menu of personal services and special privileges available exclusively to commercial tenants through their new initiative, The Woodlands Concierge.

"Our seasoned property management team is establishing standards of excellence and industry-best practices that will truly differentiate the company from the competition," said Paul Layne, Executive Vice President of Master Planned Communities for The Howard Hughes Corporation. "Adding top-notch property management services to our already impressive list of advantages will help promote retention and reduce operating costs for our tenants."

Since 1974, The Woodlands commercial portfolio has grown to include approximately 22 million square feet of development with nearly 1,900 employers and 52,000 employees. The Woodlands also offers an outstanding quality of life, including proximity to downtown Houston and Bush Intercontinental Airport, a highly educated local workforce and easy access to legal, financial and business services.

For more information about Howard Hughes Management Services Company in The Woodlands, visit www.howardhughesmanagement.com or call 281-475-2081.

About The Howard Hughes Corporation®

The Howard Hughes Corporation owns, manages and develops commercial, residential and mixed-use real estate throughout the U.S. Our properties include master planned communities, operating properties, development opportunities and other unique assets spanning 18 states from New York to Hawaii. The Howard Hughes Corporation is traded on the New York Stock Exchange as HHC and is headquartered in Dallas, TX. For additional information about HHC, visit www.howardhughes.com.

Safe Harbor Statement

Statements made in this press release that are not historical facts, including statements accompanied by words such as "will," "believe," "expect," "enables," "realize", "plan," "intend," "transform" and other words of similar expression, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on management's expectations, estimates, assumptions, and projections as of the date of this release and are not guarantees of future performance. Actual results may differ materially from those expressed or implied in these statements. Factors that could cause actual results to differ materially are set forth as risk factors in The Howard Hughes Corporation's filings with the Securities and Exchange Commission, including its Quarterly and Annual Reports. The Howard Hughes Corporation cautions you not to place undue reliance on the forward-looking statements contained in this release. The Howard Hughes Corporation does not undertake any obligation to publicly update or revise any forward-looking statements to reflect future events, information or circumstances that arise after the date of this release.

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The Woodlands
Susan Vreeland-Wendt, 281-719-6174
svreeland-wendt@thewoodlands.com
or
Lorrie Parise, 281-719-6344
lparise@thewoodlands.com
or
The Howard Hughes Corporation - Dallas Headquarters
Caryn Kboudi, 214-741-7744
caryn.kboudi@howardhughes.com

KEYWORDS: United States North America Texas

INDUSTRY KEYWORDS:

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