Regions Southwest
Firm Renews and Expands Lease to Occupy Entire 300,000SF Energy Corridor Building
May 16, 2008

The Shaw Group Inc. will stay put at 1430 Enclave Parkway now that it has renewed its lease with property owner Piedmont Office Realty Trust. Not only will the company continue to occupy its space at the 312,500-square-foot property, it will expand by 106,500 square feet to occupy the class A building in its entirety. Class A office space in Houston's Energy Corridor is scarce, according to real estate services firm Transwestern, which orchestrated the lease transaction. The average vacancy level for premier office space in the submarket is only 2.5 percent, and there are no available blocks of space larger than 40,000 square feet.

 
Recent Southwest Headlines
In Vegas, El-Ad Wins Battle over Plaza Name
Oct. 07, 2008
A $5 billion resort casino planned for the Las Vegas Strip will be able to be operate under the Plaza brand after a jury ruled that the developers could use that title despite the fact that another property in the city also goes by the Plaza name.
JCPenney Expands Houston Presence with 2 New Stores
Oct. 06, 2008
J.C. Penney Co. Inc. is swinging open the doors of two new locations in the Houston area, increasing its portfolio of new department stores in the market over the last three years to nine.
University Medical Center Buys Land for 500,000-SF Biotech Park in Dallas
Oct. 06, 2008
The University of Texas Southwestern Medical Center acquired a 13-acre site from the City of Dallas for the development of BioCenter at Southwestern Medical District, a 500,000-square-foot biotech park.
HFF Arranges $90M Refi for Houston CBD Office Building
Oct. 03, 2008
The Houston office of Holliday Fenoglio Fowler L.P. has announced  that it arranged a $90 million refinancing for 5 Houston Center, a 580,175-square-foot, Class A office building in Houston’s central business district.
Holliday Fenoglio Fowler Secures Refinancing of 2.7 MSF of Industrial Space
Oct. 02, 2008
The Dallas office of Holliday Fenoglio Fowler L.P. secured a $90.5 million refinancing for an industrial portfolio in Florida, Georgia and Texas totaling approximately 2.7 million square feet.