LyondellBasell To Relocate Houston Office To Williams Tower In Galleria Area
2800 Post Oak Boulevard
319,000 SF
Summary
Netherlands-based chemical company LyondellBasell is relocating its Houston office to Williams Tower in the Galleria area. The company has signed a lease for approximately 319,000 square feet, which is a reduction from its current 358,000 square feet lease at 1221 McKinney St. in Houston Center. The move reflects LyondellBasell's adoption of a more flexible work policy and a desire for a modern workplace that promotes collaboration.
Summary of transaction details
- Property Type: Office
- Transaction Amount: N/A
- Address: Galleria Area
- Market: N/A
- Tenant: LyondellBasell
- Tenant's Representative: Nina Seyyedin, Warren Savery, Craig Beyer, Kevin Saxe
- Asking Rent: N/A
- Lease Terms: N/A
The lease agreement between LyondellBasell and Williams Tower is expected to be effective by late 2024 or early 2025. This relocation aligns with broader trends of rightsizing and flight-to-quality in the Houston office market. LyondellBasell aims to create a more collaborative and modern work environment that supports its flexible work policy.
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