HOUSTON (GlobeSt.com) – Apache Corporation has not only renewed its lease of 365,000 sf at the Post Oak Central office building in Houston’s uptown submarket, it has tacked on an additional 132,000 sf.
The oil company signed the lease renewal for five years beyond the expiration of its current lease, which originally was to end later this year.
This is another in a string of large commercial leases that have occurred in Houston over the last couple of months.
Last month, Noble Energy leased the 497,000-sf former Compaq headquarters in northwest Houston. In December, Shell Oil renewed its 1.2-million-sf lease at its downtown One Shell Plaza and Two Shell Plaza.
Cushman & Wakefield represented Apache in the lease negotiations. Crescent Real Estate Holdings represented the building owner.