Aramco Americas Renews 174K SF Office Lease At Two Allen Center In Houston

The property involved in this transaction is an office space located at 1200 Smith Street in Houston, comprising a total area of 174,000 square feet. This lease renewal pertains to the professional market in Houston, enhancing Brookfield Properties' leasing portfolio.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: Not specified
• Address: 1200 Smith Street
• Market: Houston
• Asset Size: 174,000 SF
• Landlord: Travis Overall - Brookfield Properties
• Tenant: Nabeel Alafaleg - Aramco Americas
• Landlord's Representatives: Bubba Harkins, Jenny Sealy & Kristen Rabel - CBRE; Tyler Merritt - Brookfield Properties
• Tenant's Representatives: Joseph Peddie & Tim Relyea - Cushman & Wakefield

This lease renewal represents a notable addition to Brookfield’s leasing activity, which has reached close to 900,000 square feet at the Allen Center complex in just six months, coinciding with a significant campus upgrade surpassing $100 million. Other major leases recently executed in the complex include agreements with Motiva, Plains All American, and Freeport LNG.