HOUSTON–Trammell Crow Co. and Prudential Real Estate Investors have announced a joint venture to develop One Grand Crossing, a 172,000-square-foot class A speculative office building in Houston.

The eight-acre site is located in the 124-acre mixed-use Grand Crossing development at the southwest corner of Grand Parkway and Interstate 10. Construction on One Grand Crossing has begun and the offices will be ready for occupancy in the fourth quarter of this year.

"One Grand Crossing provides tenants and visitors with a superior office environment, including excellent access, adjacent amenities, building signage, structured parking, modern architecture and space plan flexibility,” Brandon Houston, senior vice president with Trammell Crow's Houston business unit, told GlobeSt.com. “All of these elements are designed to provide our tenants with the ability to help recruit and retain key personnel."