MetroNational Acquires Former Marathon Oil Headquarters In Houston From ConocoPhillips

The property asset involved in this transaction is an office building located at 990 Town And Country Boulevard, Houston. This asset measures 442,000 square feet and spans 3.4 acres. The building, which was formerly the Marathon Oil headquarters, is a 15-story Class A tower that was completed in 2022. MetroNational acquired this near-vacant property, representing its largest acquisition in a decade.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: Not disclosed
• Address: 990 Town And Country Boulevard
• Market: Houston
• Asset Size: 442,000 SF
• Acres: 3.4
• Buyer: Scooter Hicks - MetroNational
• Seller: Ryan Lance - ConocoPhillips
• Brokerage: Brandon Clarke, Kevin McConn, Rick Goings, Jeff Cairns & Sanford Criner - JLL

This transaction involved key figures such as Scooter Hicks, representing MetroNational, and Ryan Lance, representing ConocoPhillips. The brokers facilitating this deal were Brandon Clarke, Kevin McConn, Rick Goings, Jeff Cairns, and Sanford Criner from JLL.