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Eagle Broadband Renews, Shaves Office Size

LEAGUE CITY, TX-The broadband products supplier will save 35% on real estate costs with the downsizing at 101 Courageous Dr., where it will occupy 25,500 sf under the new deal for a 25% smaller office with more efficient space use.

By Jennifer D. Duell | Updated on November 09, 2004

LEAGUE CITY, TX-In a move designed to cut costs and use space more effectively, Eagle Broadband has inked a five-year lease for 25,500 sf at 101 Courageous Dr. The broadband products supplier formerly occupied 34,375 sf as the sole tenant at the same location.

“About six months before Eagle Broadband’s lease was up, they decided to make some changes to their real estate,” says Marcus Litofsky, an associate with Equis Corp.’s Houston office who negotiated the transaction along with vice president Mitch Pear.

Litofsky tells GlobeSt.com that Eagle Broadband was willing and able to move from its current headquarters location if necessary. “A lot of owners were hoping to get them,” he says. “It was a dog fight.”

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