AMEC Inks Full Building HQ Lease Renewal with Behringer Harvard
February 2, 2011
By: CoStar Research

In a late-year lease deal, London-based AMEC plc (LSE: AMEC) signed a long-term lease renewal for the entire 227,486-square-foot building at 10777 Clay Road in Houston's Westway Park business park for its Americas Oil & Gas headquarters. ...

... "With tenant-favorable market conditions, we were able structure a long-term lease that provides AMEC with a cost basis from which to aggressively compete within the engineering market, as well as provides the landlord, Behringer Harvard, with a stable long-term tenant to maintain a profitable asset," said Mark O’Donnell, executive vice president and co-branch manager of Studley’s Houston office. ...

... Behringer Harvard was represented in-house by asset manager Kmeal Winters. AMEC was represented by O’Donnell and Studley CSG partner Peter Capuciati.

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