Thomas Properties Group, Inc. is today announcing that Statoil Gulf Services L.L.C., the U.S. upstream wholly-owned subsidiary of Norwegian energy titan Statoil ASA (Aa2/AA-), has entered into a long-term lease for 581,000 square feet as their North American headquarters at CityWestPlace in Houston's Westchase District.
"Statoil is pleased to continue leasing space from Thomas Property Group on the CityWest campus. We are committed to business in North America, staying in west Houston and having all our employees together in one space, and the long term lease agreement for Building Two reflects that. The relocation of our employees into the new building across campus will begin mid-2015 and will be a phased approach in line with our projected growth for the future," states Jason Nye, Statoil Senior Vice President for US Offshore...
The Colvill Office Properties leasing team of Chip Colvill, Clark Thompson, Win Haggard Jr. and Michael Anderson represented Thomas Properties in the lease negotiations. Mark O'Donnell of Studley, Inc., Houston represented Statoil in the transaction Thomas Properties Group Announces Statoil North American Headquarters Lease at CityWestPlace, Houston
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