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Statoil strikes big with 581,000 SF lease in HoustonStatoil strikes big with 581,000 SF lease in Houstonhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=60802013-10-10T07:02:00Z2013-10-10T00:00:00Z

HOUSTON - Statoil Gulf Services has signed a lease for 581,000 sf in CityWestPlace, the former BMC campus in the Westchase District. The company already leases 225,000 sf in the complex, but the expansion will make them the largest tenant and give them top-of-the-building signage.

Eventually Statoil will occupy all of CityWestPlace Building 2, comprising 431,000 sf. The company also extended its lease for 150,000 sf in Building 4. The company will take space that will be vacated by Halliburton Energy Services at the end of 2014.

“We are committed to business in North America, staying in west Houston and having all our employees together in one space, and the long term lease agreement for Building 2 reflects that,” said Jason Nye, Statoil senior vice president for US Offshore.

“The relocation of our employees into the new building across campus will begin mid-2015 and will be a phased approach in line with our projected growth for the future,” said Nye.

BMC continues to lease about 550,000 sf in the campus, located near the West Belt and Briar Forest. Other major tenants include Ion Geophysical, Bristow Group and Spark Energy.

Houston Chronicle
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http://blog.chron.com/primeproperty/2013/10/statoil-plans-for-major-growth-in-westchase/Read more at {Source}

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