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Houston's 10 Largest Sublease Deals

Anyone following the market knows how much sublease space is available in Houston, recent estimates are over 8M SF. But is anyone taking it? We tracked down the 10 largest sublease deals around town since the oil downturn in 2014. The hot areas for sublease absorption may surprise you.   

6330 West Loop South

1. Texas Children's Health Plan

Building: 6330 West Loop South, pictured

Submarket: Bellaire

Size: 139k SF

Sublessor: WorleyParsons

Term: 10 years

2. Jones & Carter

Building: 6330 West Loop South

Submarket: Bellaire

Size: 56k SF

Sublessor: WorleyParsons

Corporate HQ move

Together, these two deals take up a huge chunk of the 274k SF WorleyParsons put on the market in November 2014.

Fulbright Tower
Fulbright Tower

3. MRC Global

Building: Fulbright Tower, pictured

Submarket: CBD

Size: 50k SF

Sublessor: PanAtlantic

4. AXIP Energy Services

Building: Fulbright Tower

Submarket: CBD

Size: 49k SF

Sublessor: Fieldwood

5. Orrick Herrington & Sutcliffe

Building: Fulbright Tower

Submarket: CBD

Size: 48k SF

Sublessor: Fulbright

Term: Short-term

10500 Richmond

6. EMAS

Building: 10500 Richmond, pictured

Submarket: Westchase

Size: 47k SF

Sublessor: WorleyParsons

Term: Short-term

12301 Kurland

7. BEI Engineers

Building: 12301 Kurland, pictured

Submarket: Gulf Freeway/Pasadena

Size: 26k SF

Sublessor: L-Con Constructors 

Term: Three years

8. Rockcliff Energy

Building: Fulbright Tower

Submarket: CBD

Size: 25k SF

Sublessor: Memorial Resources

West Loop III

9. Terra Energy Partners

Building: Loop Central III, pictured

Submarket: Bellaire

Size 22k SF

Sublessor: Universal Ensco 

Brookhollow Central II

10. Clean Power Finance

Building: Brookhollow Central II, pictured

Submarket: North Loop West

Size: 21k SF

Sublessor: Sterling Bank

First office in Houston

Data from Transwestern's Rachel Alexander