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16,110-SF Floor Grabs Five-Year Lease

FORT WORTH-Universal Ensco will move in Oct. 1 to the 17th floor of the 19-story CBD tower. The deal gets done in less than one week.

By Connie Gore | Updated on August 14, 2008

FORT WORTH-With the Barnett Shale fueling the decision, a Houston-based design and engineering firm for the oil and gas industry has signed a full-floor lease for Two City Place in the CBD. The 16,110-sf office will be ready to light Oct. 1.

Universal Ensco Inc. made its decision on the five-year lease for the 19-story class A tower at 100 Throckmorton St. in less than one week, Chris Wright, senior associate in the Fort Worth office of Dallas-based Stream Realty Partners LP, tells GlobeSt.com. “They found a spot they liked and got the parties together for a quick resolution,” he says. “When you have a motivated tenant and a landlord that wants that tenant, things can happen quickly.”

Universal Ensco has been using an executive suite in City Center towers at 201 and 301 Commerce St. as its operations hub until it landed a more permanent spot, according to Wright, who partners with Stream associate Franklin Swann to lease City Place’s office component for PNL Cos. of Dallas. The new tenant’s brokers were Cushman & Wakefield of Texas Inc. senior directors Matt Heidelbaugh and Chris Oliver.

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