CRIMSON REAL ESTATE FUND AND USAA REAL ESTATE COMPANY ANNOUNCE BUILD-TO-SUIT FOR TGS

Houston, TX – January 03, 2012 – (RealEstateRama) — Crimson Real Estate Fund, L.P. (CREF), and its co-investment partner, USAA Real Estate Company, have acquired eight acres of land in west Houston to build a new headquarters for TGS-Nopec Geophysical Company (TGS). At approximately 97,500 rentable square feet, the 3-story office building and 408 surface parking spaces will be built on Clay Road, near Beltway 8.


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