HOUSTON-Cemex Center, one of the city’s newest class A office buildings, has gained a new tenant: Infrasource Underground has signed a six-year lease for 18,736 square feet in the 331,513-square-foot property.

The company, which is a subsidiary of publically-traded Quanta Services, provides infrastructure construction and support services to energy and communications facilities throughout North America. It specializes in underground construction, and its business is growing rapidly, according to Matt Dickson of CB Richard Ellis.

Dickson represented Infrasource Underground in the lease negotiations. Cemex Center’s owner, MetroNational Corp., was represented internally by Jerrod McQuain.

Infrasource Underground previously occupied 3,500 square feet in northwest Houston. The company wanted to expand and relocate to the Energy Corridor/Westchase submarket to be closer to its customers and employee base, Dickson tells GlobeSt.

Dickson says Infrasource Underground wanted a class A building and had a number of options in its preferred submarket. The company zeroed in on Cemex Center because of its quality, location, freeway access and nearby amenities. Additionally, another Quanta Services subsidiary, Price Gregory International, is a tenant in the building.

Infrasource Underground occupies 7,630 square feet on the sixth floor of Cemex Center – the same floor that Price Gregory occupies. The company’s remaining space is located on the eight floor of the 14-story building. It will move into it in December.

With the Infrasource Underground lease, Cemex Center is 75% occupied. Named for its lead tenant, Cemex, a worldwide producer of concrete products, the building was completed in 2009.

Situated on 1.7 acres at 920 Memorial City Way, Cemex Center is LEED Silver-certified building that was designed by Morris Architects. It features 24 hour on-site security, covered walkways, banking facilities, an on-site deli, attached parking garage with luxury apartments on upper levels and a skybridge that connects it to the parking garage.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM Digital Member, you’ll receive:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.