Skip Navigation
Dec 10, 2012

CapLease grows with $35.5M Energy Corridor buy

HOUSTON - CapLease Inc. has purchased a 145,000-sf, Class A office building located in the Energy Corridor for $35.5 million. The building is 90 percent leased to WorleyParsons Ltd., an Australian...
Fallback Image
by
Company News Release

HOUSTON – CapLease Inc. has purchased a 145,000-sf, Class A office building located in the Energy Corridor for $35.5 million.

The building is 90 percent leased to WorleyParsons Ltd., an Australian listed energy and resource service engineering company with a market capitalization of over $6 billion. The WorleyParsons lease runs through December 2019. The remaining square footage in the building is leased by two other credit worthy tenants.

Source: CapLease Inc.

Fallback Image
Written by
Company News Release
Last updated
Mar 28, 2024

In This Article

You might also like

TG Magazine
PUBLISHED SINCE 1977

TG Magazine

Check out the latest issue of our flagship publication.

SUBSCRIBE TO OUR

Publications

Receive our economic and housing reports and newsletters for free.