HOUSTON-After outgrowing its current office space, 2H Offshore Inc. has expanded into 31,792 square feet at Timberway One in the Energy Corridor submarket.
The global engineering company, which recently won a large contract for Chevron’s Big Foot field development in the Gulf of Mexico, signed a long-term lease at the 92,606-square-foot, class A- building. It will move into its new space in 15990 North Barkers Landing by the end of the year, according to Ryan Bishop, a vice president with Stream Realty Partners LP’s local office.
Bishop represented the building’s asset manager, Atlanta-based Carter & Associates, in lease negotiations. Jon Silberman and Griff Bandy of NAI Houston represented 2H Offshore.
Currently, 2H Offshore’s local office is located in Gulf Plaza at 16010 Barkers Point Lane. The 120,651-square-foot building, which is owned by Hartman Inc., could not accommodate its expansion needs.
Bishop tells GlobeSt.com that 2H Offshore wanted to find an office close to its current location. “They had a few options, but Timberway One is right down the street from its current offices and it has large floorplates,” he says. “I think that’s what gave us the final push ahead of competitive buildings.”
2H Offshore will occupy the entire second floor of Timberway One. The building currently is fully leased to Subsea7; however, the company was recently acquired and relocated to its new owner’s office, leaving Timberway One empty, Bishop says.
In addition to 2H Offshore’s Houston office, the company has five other offices across the globe including the United Kingdom, Brazil, Malaysia and Australia.
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