HOUSTON - Technip has signed a lease for an entire 17-story building under construction along the Katy Fwy. The 428,831-sf building, called Energy Tower III, is being developed by Mac Haik and will be completed in January 2014.
The new building is part of a 1.5 million-sf complex that includes two other office buildings and an Embassy Suites hotel and room for a fourth office building. The LEED Certified Gold, Class A office tower is located at the intersection of I-10 and Kirkwood.
Along the Energy Corridor, five developments have broken ground and 18 are proposed, according to the Houston office of Jones Lang LaSalle. The company pegs the vacancy rate for top-class buildings along the Katy Freeway at 7.4 percent.
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