ConocoPhillips to lease 850,000 SF in Energy Corridor campus

HOUSTON – ConocoPhillips has signed an 850,000-sf lease for Energy Center Three and Energy Center Four. The company is leasing the entire 550,000-sf Energy Center Three, as well as 300,000 sf in Energy Center Four.

ConocoPhillips is expected to move into the 20-story Energy Center Three, which broke ground in December 2012, by second quarter 2015. Energy Center Four is expected to break ground in 4Q 2013, with ConocoPhillips moving into the 22-story, 600,000-sf tower in 2Q 2016.

The Class AA towers, at the southwest corner of I-10 and North Eldridge Parkway, are targeting LEED Gold certification.

The Energy Center towers will be home to ConocoPhillips’ lower-48 business unit employees, which will relocate from other space in the Energy Corridor. ConocoPhillips will continue to maintain its main campus at 600 N. Dairy Ashford, which has more than 1 million sf.

Trammell Crow and Principal Real Estate Investors, the real estate group of Principal Global Investors, are developing the towers.

Read more at the Houston Business Journal.