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Howard Hughes Holdings Inc. acquired the Waterway Plaza II, a Class A office building that offers 142,448 rentable square feet in The Woodlands Town Center. Purchased for $19.2 million, the six-story building sits on a 3.23-acre site and includes a 1,316-space parking garage. With current occupancy of 55%, Waterway Plaza II provides much-needed inventory to Howard Hughes’ office portfolio in The Woodlands Town Center, which is currently 96% leased.