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Air Liquide to Relocate American Corporate Headquarters to Memorial City in Houston

  Air Liquide to Relocate American Corporate Headquarters to Memorial City in
  Houston

Business Wire

HOUSTON -- January 30, 2014

Air Liquide today announced plans to move its American corporate headquarters
from the Houston Galleria area to the Air Liquide Center in Memorial City in
Houston, scheduled to break ground this month. Houston is zone headquarters
for Air Liquide’s U.S. and American operations and one of three global hubs
for Air Liquide Group.

Air Liquide to relocate American corporate headquarters to Memorial City in
Houston (Photo: Air Liqu ...

Air Liquide to relocate American corporate headquarters to Memorial City in
Houston (Photo: Air Liquide)

The move will provide Air Liquide with expanded space and a world-class work
environment to accommodate the company’s growing workforce and robust business
plans.

The Air Liquide Center will consist of a 20-story, 452,000-square-foot tower
and an adjacent 145,000-square-foot building, located at 9811 and 9807 Katy
Freeway. Both Class A office buildings are LEED Silver pre-certified and will
connect to a network of skywalks providing access to Memorial City Mall and
other neighboring amenities within Memorial City.

Air Liquide’s administrative and industrial operations will initially occupy
the upper six floors of the 20-story tower in addition to the first floor
lobby and office space, totaling 155,000 square feet, with options to expand
floor space. Its Engineering & Construction operations will occupy two floors
of the second building, totaling 67,000 square feet. Morris Architects is the
architect of record for the Tower building. Gensler is the architect for the
second building and will design Air Liquide’s interiors in both buildings.

“This move marks an exciting new chapter in Air Liquide’s history as our
business continues to rapidly grow and evolve,” said Michael Graff, Chairman &
CEO, American Air Liquide Holdings, Inc. and Air Liquide Senior Vice President
for the Americas. “We are investing in our future, ensuring the right
environment, space and resources to support our talented workforce and
continue to enable the highest level of innovation and service for our
customers.”

“With the announcement of Air Liquide, four major publicly traded companies
have made the decision to relocate to Memorial City in the last 24 months,
filling 750,000 total square feet of office space,” said Randy Nerren,
Executive Vice President at MetroNational.“We are delighted that Air Liquide
has joined the growing roster of international companies that realize all that
Memorial City has to offer.”

Doug Elliott and Kevin Kushner of CBRE represented Air Liquide in the
transaction.

Groundbreakings for both new buildings are slated for January 2014 with
completion of the entire project projected for November 2015.

ABOUT AIR LIQUIDE

World leader in gases, technologies and services for Industry and Health, Air
Liquide is present in 80 countries with close to 50,000 employees and serves
more than 2 million customers and patients. Oxygen, nitrogen and hydrogen have
been at the core of the company’s activities since its creation in 1902. Air
Liquide’s ambition is to be the leader in its industry, delivering long-term
performance and acting responsibly.

Air Liquide ideas create value over the long term. At the core of the
company’s development are the commitment and constant inventiveness of its
people.

Air Liquide anticipates the challenges of its markets, invests locally and
globally and delivers high-quality solutions to its customers and patients,
and the scientific community.

The company relies on competitiveness in its operations, targeted investments
in growing markets and innovation to deliver profitable growth over the
long-term.

Air Liquide’s revenues amounted to € 15.3 billion in 2012, and its solutions
that protect life and the environment represented around 40% of sales. Air
Liquide is listed on the Paris Euronext stock exchange (compartment A) and is
a member of the CAC 40 and Dow Jones Euro Stoxx 50 indexes.

ABOUT MEMORIAL CITY

The city-within-a-city, Memorial City is a premier mixed-use development owned
and managed by MetroNational. Located in west Houston, Memorial City runs
along the Interstate 10 corridor, just inside Beltway 8, and contains 7.6
million square-feet of developed real estate across 265 acres. Memorial City
is a unique blend of Class A office space; retail, including the 1.7 million
square foot Memorial City Mall; garden and high-rise residential living;
upscale hotel accommodations including The Westin Memorial City; and the
Memorial Hermann Memorial City Medical Center, the second largest medical
campus in the Houston metropolitan area.

ABOUT METRONATIONAL

MetroNational is a privately-held real estate investment, development, and
management company headquartered in Houston, Texas. Each MetroNational
property – spanning office, retail, healthcare, restaurant and hospitality,
and land development - fully integrates MetroNational’s best-of-class
services, providing the highest quality and enduring value. The company, which
was founded in 1959, owns and manages more than 8.5 million square feet of
commercial real estate properties primarily located in greater Houston.
MetroNational’s largest development is Memorial City located in west Houston.

                            www.us.airliquide.com

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Contact:

Air Liquide USA LLC
Heather L. Browne, 713-624-8021
heather.browne@airliquide.com
or
Dancie Perugini Ware Public Relations, on behalf of MetroNational
Marta Fredricks, 713-224-9115
marta@dpwpr.com
or
Laura Jones, 713-224-9115
ljones@dpwpr.com
 
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