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Energy Firm Taking 146,768-SF at Eldridge Place Two

HOUSTON-Insignia/ESG has landed a new tenant for Eldridge Place Two, signing J. Ray McDermott Inc., an offshore energy supplier, to 146,768 sf in the class-A office property. The premier property is owned by The Brookdale Group, headquartered in Atlanta.

By Jennifer Brenner Andrade | Updated on January 18, 2001

HOUSTON-A 146,768-sf lease has been finalized for the 519,000-sf Eldridge Two, situated at the intersection of Eldridge and Memorial drives in the city’s Energy Corridor.

Houston-based J. Ray McDermott Inc., an offshore oil and natural gas operation, is the new tenant for the premier office space, positioned in the two-building project owned by The Brookdale Group LLC, a privately held commercial real estate firm based in Atlanta. Gregory P. Shaw, an Insignia/ESG Inc. broker, has represented The Brookdale Group while Tim D. Relyea of Cushman Realty Corp. has acted on McDermott’s behalf. Eldridge Two had been developed for Browning Ferris Industries, which had been bought in July 1999 by Allied Waste of Scottsdale, AZ.

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