TETRA Technologies Inc Leases 61975-SF Headquarters At 10000 Energy Drive In Spring Texas
10000 Energy Drive
Building Size
61,975 SF
Asset Type
Office
Closing
Dec 10, 2025
AI
The property involved in this transaction is an office asset located at 10000 Energy Drive, Spring, TX, totaling 61,975 square feet. TETRA Technologies Inc has signed a lease for this headquarters space, moving from its previous location which was significantly larger at 152,933 square feet.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not disclosed
- Address: 10000 Energy Drive
- Market: Spring
- Landlord: John Grassi - Spear Street Capital
- Tenant: Brady Murphy - TETRA Technologies Inc
- Landlord's Representative: David Baker, Elliott Hirshfeld & Kristen Baker - Newmark
- Tenant's Representative: Caleb Lawson - Flatrock Commercial Real Estate
This transaction marks one of Houston’s largest office leases this year, with Newmark's David Baker, Elliott Hirshfeld, and Kristen Baker representing Spear Street Capital in this deal, while Flatrock's Caleb Lawson acted on behalf of TETRA Technologies Inc.
Players
Spring Office Market Snapshot
Boundary boundary · Office · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93