Houston: 3 million-SF Allen Center 95% leasedHouston: 3 million-SF Allen Center 95% leasedhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=26002014-12-22T12:37:00Z2014-11-03T15:00:00Z

HOUSTON - Allen Center, which consists of three buildings totaling 3.1 million sf on the western edge of downtown near Allen Pkwy. and I-45, has logged 370,000 sf of leases so far this year, according to real estate firm Cassidy Turley.

The complex, owned by Brookfield, is comprised of

  • One Allen Center, a 34-story building at 500 Dallas;
  • Two Allen Center, a 36-story structure at 1200 Smith; and
  • Three Allen Center, a 50-story building at 333 Clay.

"We're up to 95 percent leased," said Paul Frazier, senior vice president of the Houston region for Brookfield. "We've brought in some new companies. We're planning on making some improvements to the complex."

With a 125,000-sf lease from Memorial Resource Development at One Allen Center, Brookfield has filled most of the space previously occupied by Hess Corp., which moved a few years ago.

Among other leases signed in 2014 are: Rice Energy, 6,800 sf; Agave Petroleum, 6,900 sf; and Freeport LNG, which expanded by 9,600 sf for a total of about 35,000 sf. Motiva Enterprises recently moved into three floors of subleased space.

Read more at the Houston Chronicle.

Houston Chronicle
Houston-The Woodlands-Sugar Land
http://www.houstonchronicle.com/business/real-estate/article/Allen-Center-adds-energy-tenants-nears-full-5862849.php#/0Read more at {Source}

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