HOUSTON- Rowan Cos. Inc. has renewed its lease for 78,841 square feet in Williams Tower, a 1.5 million-square-foot, 64-story tower located in the Galleria submarket.

The publicly-traded company, which provides international and domestic offshore contract drilling services, has been a tenant in Williams Tower since 1990. Its existing seven year lease was expiring, and it shopped the market extensively before deciding to stay put, according to Trey Strake of Cushman & Wakefield of Texas Inc.

Strake and Scott Wegmann of C&W’s local office represented Rowan in lease negotiations. Williams Tower’s owner, Hines, was represented internally by Chrissy Wilson, vice president, and Allison Knight, director of leasing.

Continue Reading for Free

Register and gain access to:

  • 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.