Biopharmaceutical company to occupy 25,288 sq. ft. at 2445 Technology Forest Blvd in The Woodlands
Lexicon Pharmaceuticals has found its new corporate headquarters, and will be occupying 25,288 sq. ft. at 2445 Technology Forest Blvd in The Woodlands, TX.
NAI Partners’ Dan Boyles and Jon Silberman represented Lexicon Pharmaceuticals in the transaction. The duo had previously sold the company’s corporate campus at 8800 Technology Forest for Lexicon at the end of last year—a deal that was the single-largest commercial real estate sales transaction in the Life Sciences sector in the Greater Houston area in 2020.
“Following the sale of 8800 Technology Forest, Lexicon knew it wanted to remain in The Woodlands, and we were pleased to find high-end office space that was representative of the company’s stature as one Houston’s premier life sciences organizations and also a stone’s throw away from their previous headquarters, ensuring business continuity,” said Mr. Boyles.
Lexicon Pharmaceuticals is a biopharmaceutical company that is applying a unique approach to gene science based on Nobel Prize-winning technology to discover and develop precise medicines for people with serious, chronic conditions. Using a patient driven approach, the company is working to discover and develop innovative medicines to safely and effectively treat disease and improve patient lives.
NAI Partners has been working with companies in the life sciences sector for years, and as Houston has become a more appealing destination than ever for the Life Sciences sector, NAI Partners’ Life Sciences & Healthcare Services team continues to assist national firms as they expand their footprints to Texas.
About NAI Partners
NAI Partners is one of the top 5 largest privately held and independently owned commercial real estate services firms in the state of Texas. NAI Partners was founded and is headquartered in Houston and has offices in San Antonio and Austin; offers the geographic expertise to complete real estate transactions throughout the state; and can leverage the power of the NAI Global network to arrange deals in any location around the world. NAI Partners employs more than 150 real estate professionals, and arranges more transactions than any of its competitors, completing over 700 commercial lease and sale arrangements every year. NAI Partners is a full-service firm offering client leasing and sales solutions in the areas of Office Tenant Representation, Industrial Services, Retail Services, Office Project Leasing, Industrial Project Leasing, Retail Project Leasing, Property Services, Investment Sales, Valuation and Advisory Services, Project Services, Land Sales, and Life Sciences & Healthcare Services, among other lines of business. NAI Partners is the top Houston-based full-service commercial real estate firm on the Inc. 5000 list of fastest-growing private companies in America; the 5th-largest Houston-Area Commercial Real Estate Brokerage and #1 Mover of Square Feet among leasing and sales brokerages in Houston per the Houston Business Journal; the only commercial real estate firm on the Houston Business Journal’s Mid-Market 50 list; a top 12 largest San Antonio Commercial Real Estate Brokerage per the San Antonio Business Journal; and a top 20 Property Management Firm by square feet under management in Houston per the Houston Business Journal. NAI Partners has been named a Best Place to Work by the Houston Chronicle, Houston Business Journal and Austin Business Journal; and is among the University of Houston’s Cougar 100 Fastest-Growing Companies. Visit us on the web at www.naipartners.com.
