JOINT VENTURE FORMED IN HOUSTON

by admin

HOUSTON — Houston-based Means Knaus Partners and New York-based Lexington Realty Trust have teamed up to form Lexington MKP Management, a firm that will oversee leasing and development for Lexington's properties. The new joint venture will also focus on property management and construction management services. Means Knaus will add 70 employees, including 15 workers in its Houston office, to accommodate its management portfolio, which has grown from 6 million to 20 million square feet.

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