April 26, 2023
HOUSTON – Transwestern Real Estate Services (TRS) announces Kiewit Engineering Group, Inc. has expanded and extended its lease at Energy Center I, a 334,000-sqaure-foot, Class A office campus in West Houston. Transwestern Executive Managing Director Eric Anderson and Senior Vice President Katy Gragg represented the landlord, Spear Street Capital, in the transaction.
The construction-focused engineering group expanded its flagship footprint to 277,105 square feet to accommodate the corporation’s growth. Louie Crapitto of JLL and David Kimball of SquareFoot represented the tenant in lease negotiations. The building is now 86% leased and has two floors remaining for future tenants.
“Energy Center I is an excellent facility that provides Kiewit’s employees with a productive and attractive work environment,” said Anderson. “This is yet again another example of the trend of flight-to-quality that we are seeing across Houston. Tenants want a comfortable employee experience with first-class office space that is convenient for their employees and highly amenitized.”
Energy Center I is a premier facility in the Energy Corridor, strategically located adjacent to I-10 and Eldridge Parkway providing optimal freeway access. The office property offers tenants flexible and efficient floorplates, a full-scale cafeteria, a lobby coffee bar, a state-of-the-art fitness center and locker rooms, a generous parking ratio and 24/7 on-site security.
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About Transwestern Real Estate Services
Transwestern Real Estate Services (TRS) adds value for investors, owners and occupiers of all commercial property types through a comprehensive perspective and by providing solutions grounded in sound market intelligence. Part of the Transwestern companies, the firm applies a consultative approach to Agency Leasing, Asset Services, Tenant Advisory + Workplace Solutions, Capital Markets, and Research & Investment Analytics.
The privately held Transwestern companies have been delivering a higher level of personalized service and innovative real estate solutions since 1978. Through an integrated, customized approach that begins with good ideas, the firm drives value for clients across commercial real estate services, development, investment management, and opportunistic endeavors for high-net-worth investors. Operating from 33 U.S. offices, Transwestern extends its platform capabilities globally through strategic alliance partners whose unique geographic, cultural, and business expertise fuels creative solutions. Learn more at transwestern.com and @Transwestern.
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Montgomery Angel
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montgomery.angel@transwestern.com
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