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Pennzoil Place's Big Lease

Houston
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In December, Cheniere Energy quietly leased 167k SF in Pennzoil Place in one of Downtown’s biggest leases of 2013. Sources tell us the firm will relocate in Q4 from the low-rise 700 Milam into the mid-rise portion in a renewal and significant expansion of its lease. Transwestern’s Greg Tilton and David Lee have been marketing a large block of availability in property; 425k SF remains up for grabs. Cushman & Wakefield’s Trey Strake and Chris Oliver repped Cheniere.