Houston Energy Center 3 to fetch $270MHouston Energy Center 3 to fetch $270Mhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=5722015-06-26T14:28:00Z2015-06-26T10:00:00Z

HOUSTON - Energy Center 3's new office building in Energy Corridor is expected to sell for a record-high price of $270 million, or $492 per sf, despite the recent collapse in oil prices and the energy industry layoffs that followed.

The 549,000-sf tower located near the intersection of North Eldridge Parkway and I-10, is fully leased to ConocoPhillips for $210.9 million for 12 years.

Read more at Realty News Report.

tag: Houston Market Research, Houston NewsTalk

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