Transwestern Provides Office Leasing Services for Class A Four Oaks Place
August 16, 2019
HOUSTON – Transwestern Commercial Services (TCS) today announces ENGIE North America Inc. has leased 109,667 square feet at 1360 Post Oak in Houston for its North American headquarters. TCS Executive Vice Presidents Eric Anderson and David Baker and Senior Vice President Tyler Garrett are providing office leasing services on behalf of the landlord, a joint venture between Nuveen Real Estate and Allianz. JLL’s Bruce Rutherford and Louis Rosenthal provided tenant advisory services for ENGIE North America. Cushman and Wakefield’s Tim Relyea and Morgan Relyea provided tenant representation services for the prior lessee in the giving back of its lease space.
“This was a complex, three-party transaction that resulted in a favorable outcome for all involved,” said Garrett.
Erik Sobek, Senior Director, Southwest Investments, added, “ENGIES’s selection of this project is a testament to the quality and overall tenant amenities of the building.” “We’re thrilled to have them as a long-term tenant and appreciate BHP’s cooperation that enabled us to complete this complex transaction.”
Relocating from 1990 Post Oak, ENGIE North America will occupy floors four through nine beginning December 2019. The energy company provides a range of offers in the United States and Canada, including clean power generation, cogeneration, and energy storage; retail energy sales; and comprehensive services to help customers run their facilities more efficiently and optimize energy and other resource use and expense. Globally, ENGIE is the largest independent power producer and a leading energy efficiency services provider in the world, employing 160,000 people.
“We are extremely pleased ENGIE chose to make a long-term commitment to Four Oaks Place as it is a perfect addition to our impressive tenant mix,” Anderson said. “We believe the extensive tenant amenities make Four Oaks Place a standout option for companies looking to provide their employees with an engaging and productive work environment.”
Four Oaks Place, one of Houston’s premier office projects, is a five-building complex exceeding 2.33 million square feet at the northern end of Post Oak Boulevard in the Galleria area. In 2016, Four Oaks Place underwent an extensive capital upgrade at the complex of approximately $43 million. The property now offers a 12,000-square-foot, fully staffed fitness center with state-of-the-art equipment and group classes, full-service cafeteria, deli serving breakfast, lunch and dinner, fine dining at Post Oak Grill, 59 closed-circuit cameras monitored 24 hours a day by on-site security, multiple points of access to and from the site, and a parking garage for unparalleled access. The property is LEED®-Gold certified in the LEED® EB:O&M category.
ABOUT NUVEEN REAL ESTATE
Nuveen Real Estate is one of the largest investment managers in the world with $128 billion of assets under management. Managing a suite of funds and mandates, across both public and private investments, and spanning both debt and equity across diverse geographies and investment styles, we provide access to every aspect of real estate investing. With over 80 years of real estate investing experience and more than 500 employees located across over 20 cities throughout the United States, Europe and Asia Pacific, the platform offers unparalleled geographic reach, which is married with deep sector expertise.
For further information, please visit us at nuveen.com
ABOUT TRANSWESTERN COMMERCIAL SERVICES
Transwestern Commercial Services (TCS) is a privately held real estate firm of collaborative entrepreneurs who deliver a higher level of personalized service and innovative client solutions. Applying a consultative approach to Agency Leasing, Asset Services, Occupier Solutions, Capital Markets and Research, our fully integrated global organization adds value for investors, owners and occupiers of all commercial property types. We leverage market insight and operational expertise from across the Transwestern enterprise, which includes firms specializing in development and real estate investment management. TCS has
34 U.S. offices and assists clients from more than 200 offices in 37 countries through strategic alliances with France-based BNP Paribas Real Estate and Canada-based Devencore. Experience Extraordinary at transwestern.com and @Transwestern.