Exxon To Sell Again

In June, Exxon sold Eight Greenway Plaza to Stream and AllianceBernstein. Now it’s got two more office projects on the block—it pegged JLL to market its Upstream Research Co HQ (pictured) at Buffalo Speedway and West Alabama and its Brookhollow facility on Dacoma Street along Highway 290. JLL put its power team on it—prez Dan Bellow, EVP Ronnie Deyo, managing directors Rudy Hubbard and Paul House, and VPs Kevin McConn and Beau Bellow.

Rudy (here, right, with Kevin) says the Upstream facility is one of the largest and most desirable infill tracts in all of Houston. He predicts the 16.8-acre site (which houses 15 buildings, including a 450k SF mid-rise) will be redeveloped into a mixed-use project with office, retail, residential, and hospitality components. On the other hand, the 24.4-acre Brookhollow site will probably stick as an office campus. (Its location, size, and existing improvements will appeal to companies.) It includes three office buildings totaling 500k SF, a full-service cafeteria, and 60k SF of storage and auxiliary buildings.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Houston Newsletters
Related Stories

Why Top-Secret Facilities Are Permeating Greater D.C.'s Office Market

DivcoWest Sells Glendale Office Building For $70M

Hines And Rialto Close Office Credit Fund At $1.1B

Rig Collapse At Citadel HQ Site Sends 4 To Hospital

Northern Virginia Office Tower Sells For Double Its 2024 Price

Battersea Power Station Reveals Plans To Double Development Again

Crystal Residences Offers A Model For Delivering New Housing And Lasting Community Benefits In Coral Gables

Design Plans Revealed For RFK Stadium Parking Garages, Headed To Review

Oxford Properties' U.S. Investment Head On Why It's Buying Office Again — And Where

Fertility Provider Opens Clinic At 1900 Lawrence Office Tower: The Denver Deal Sheet

Office Revenues Are Failing To Keep Pace With Expenses

Apartments Kick Off New Era Of Mixed-Use Activity In Philly Navy Yard