LyondellBasell Renews 358,138 SF in Houston

LyondellBasell renewed 358,138 square feet at 1 Houston Center in Houston. The plastics, chemical and refining company signed a long-term extension deal to maintain its global operations at the central business district office tower. The 1.06 million-square-foot property at 1221 McKin
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Noble Energy Leases 497,000 SF in NW Houston

Noble Energy Inc. (NYSE:NBL) inked a long-term lease for 497,000 square feet of office space at 20555 State Highway 249 in Houston. The independent energy company will move its global headquarters to the 10-story property in the Northwest submarket. The location includes an adjacent l
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Houston Housing Market Ends 2011 in Positive Territory

According to the Houston Association of Realtors (HAR), after several months in which home sales figures were skewed by the effects of the 2010 homebuyer tax credit, the Houston real estate market concluded 2011 solidly in the black. December marked the seventh straight month of incre
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TPG/CalSTRS Sells 806,004-SF Office Park in Houston

TPG/CalSTRS LLC, an affiliate of Thomas Properties Group (NASDAQ: TPGI), concluded its sale of Brookhollow Central, an 806,004-square-foot, three-building property in Houston, TX. Parmenter Realty Partners, a Miami, FL-based commercial real estate company, acquired the assets for $ 71
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Eni S.p.A. Signs New 141,171-SF Deal in Houston

Eni S.p.A., a major integrated energy company, signed a 141,171-square-foot lease in Brookfield’s Two Allen Center at 1200 Smith St. in downtown Houston, TX. The tenant will move in November of this year from about 90,000 square feet in Total Plaza, another Brookfield property at 1201
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PS Business Parks Closes 2 Deals in Miami, Houston

PS Business Parks Inc. (NYSE:PSB) completed two commercial real estate transactions in Houston, TX, and Miami, FL. The REIT sold the 13-building Westchase Corporate Park in Houston for $ 9.8 million or $ 55 per square foot. Dallas-based TriGate Capital and joint venture partner Adler
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