Beland Properties Acquires 200000 Square Foot Office From Chevron Phillips Chemical In The Woodlands

The property asset involved in this transaction is a 200,000-square-foot Class A office building located at 10001 Six Pines Drive in The Woodlands, Texas. This asset was previously utilized as the global headquarters of Chevron Phillips Chemical, which completed this building in 2002. The building is now vacant following Chevron Phillips' relocation to a nearby facility after a $60 million renovation.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: Not disclosed
• Address: 10001 Six Pines Drive
• Market: The Woodlands
• Buyer: Beland Properties
• Seller: Steven Prusak - Chevron Phillips Chemical
• Brokers: Kevin McConn, Jeff Cairns & Brandon Clarke - JLL

The key individuals and companies involved in the deal included Beland Properties as the buyer and Steven Prusak from Chevron Phillips Chemical as the seller. The transaction was facilitated by brokers Kevin McConn, Jeff Cairns, and Brandon Clarke from JLL, indicating a professional representation in the closing of this commercial real estate deal.