Austin-based Capital Commercial Investments has purchased Exxon Mobil’s Las Colinas headquarters and its surrounding 290 acres, according to multiple reports.. The deal is a sale-leaseback through next year.Exxon announced it will move its headquarters from Las Colinas in Irving to its existing 385-acre campus in City Place
, a master-planned community just south of The Woodlands. The energy giant is consolidating its corporate and operational units there, where the bulk of Exxon employees already work. The move is expected to be complete by mid-2023. Capital Commercial has been making a number of significant purchases in North Texas over the past few years, including:
The 1.8 million-square-foot former J.C. Penney campus in Plano. The property is being redeveloped. In May,