HOUSTON-Two oil and gas firms, BreitBurn Energy and Fairways Exploration and Production, have signed renewal and expansion leases for 42,136 square feet and 39,586 square feet, respectively.
Both companies are involved in oil and gas exploration and production, according to Newmark Knight Frank Managing Principal Harry Holmes II. He represented both BreitBurn Energy and Fairways in lease negotiations.
“Both companies are expanding because they have successful exploration and drilling programs,” Holmes tells GlobeSt.com. “Credit tenants like these two companies deserve a lot of attention from landlords. Landlords really want to keep tenants like BreitBurn Energy and Fairways.”
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