ConocoPhillips preleases rest of Energy Center Four in Houston - Houston Business Jour...
Page 1 of 1
From the Houston Business Journal
:http://www.bizjournals.com/houston/news/2013/12/10/conocophillips-preleases-rest-of.html
Dec 10, 2013, 10:55am CST Updated: Dec 11, 2013, 6:36pm CST
ConocoPhillips to fill another Energy Center building, more
construction on the way
Emily Wilkinson
Print Editor- Houston Business Journal
Email | Twitter | Google+
Houston-based ConocoPhillips (NYSE: COP) has preleased the remaining space at Energy Center Four, bringing its total lease for the complex to 1.2
million square feet and prompting the developer to start a fifth building.
In May, the exploration and production company signed on for 850,000 square feet in the complex, which is being developed by Dallas-based Trammell
Crow Co. and Des Moines, Iowa-based Principal Global Investors. That lease included all of Energy Center Three, which topped off earlier this year, and
half of Energy Center Four, which has site work underway.
Cody Armbrister and Steve Rocher, both executive vice presidents with CBRE Group Inc.’s Houston office, represented the landlord. The tenant
representative was not disclosed.
The company will occupy the entire 550,000-square-foot Energy Center Three, which is expected to be complete by the second quarter of 2015, and the
entire 600,000-square-foot Energy Center Four, which should be complete in the second quarter of 2016.
The developers will break ground on Energy Center Five, a 500,000-square-foot, 18-story tower, in April.
The buildings are located in the Energy Corridor at the southwest corner of Interstate 10 and North Eldridge Parkway. They were designed by Kirksey
Architecture and are being built by Balfour Beatty Construction.
ConocoPhillips' prelease is just one of many energy-company commercial real estate headlines we've been reporting on lately.
Read more: Which Houston energy companies have new digs on the way?
Emily Wilkinson leads the weekly edition of the Houston Business Journal, including special publications, centerpiece stories, Focus sections and
the Deal of the Week. Follow her on Twitter for more.
http://www.bizjournals.com/houston/news/2013/12/10/conocophillips-preleases-rest-of.html... 1/2/2014