Tuesday , 2 June 2020
Breaking News

Major Lease in Houston’s Energy Corridor

HOUSTON – Principal Real Estate Investors and CBRE Group announced that WorleyParsons, a leading global provider of engineering design and project services, has expanded its West Houston by leasing 130,282 sf of office space at the Reserve at Park Ten, a six-story, Class-A office building located at 15721 Park Row in Houston’s Energy Corridor submarket.  CBRE’s Steve Rocher and Cody Armbrister represented the building’s owner, Principal, in the lease transaction.  Lou Cushman and Courtney Estenson with Cushman & Wakefield of Texas, Inc. represented WorleyParsons.

The building, constructed in 2009, was purchased by Principal in August 2011 when it was mostly vacant.  The lease with WorleyParsons will increase the building’s occupancy to 100%

One comment

  1. Houston energy has really done a good job by expanding its business area.Leasing the building will not only expand its business but also the place will be utilized for a good cause of work.The building will be used as a commercial space for energy firm which will really help the residents of Houston.

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