Houston19514 Posted January 20, 2012 Share Posted January 20, 2012 (edited) Noble Energy has signed a huge lease for 500,000 square feet of office space at the former Compaq campus for its global HQ.Their current HQ is in Greenspoint. Edited January 20, 2012 by Houston19514 1 Quote Link to comment Share on other sites More sharing options...
Pleak Posted January 20, 2012 Share Posted January 20, 2012 I wonder how much empty space they are leaving behind in Greenspoint? 1 Quote Link to comment Share on other sites More sharing options...
Houston19514 Posted January 23, 2012 Author Share Posted January 23, 2012 From what I can find, it looks like they currently occupy about 206,000 square feet in Greenpoint. 1 Quote Link to comment Share on other sites More sharing options...
Pleak Posted January 23, 2012 Share Posted January 23, 2012 Thanks. How is Greenspoint doing in general? Is its vacancy rate significantly higher than other markets in Houston? (before this move) Or has it been hanging in there due to its proximity to the airport? 1 Quote Link to comment Share on other sites More sharing options...
Houston19514 Posted January 23, 2012 Author Share Posted January 23, 2012 Thanks. How is Greenspoint doing in general? Is its vacancy rate significantly higher than other markets in Houston? (before this move) Or has it been hanging in there due to its proximity to the airport?Not too bad. Not great. 13.6% direct vacancy, 14.6% vacant, including available sublease space. But had 70,000 square feet negative net absorption last year. 1 Quote Link to comment Share on other sites More sharing options...
Pleak Posted January 25, 2012 Share Posted January 25, 2012 Thanks for the info. Good to hear its doing OK. All you ever hear about is the negative "Gunspoint" etc. Used to work up there for a couple of different jobs. Wasn't a bad location at all. It's one of those areas that if it could just clean up a few bad zones and the rep that goes with them - it seems like it could really thrive. Quote Link to comment Share on other sites More sharing options...
WestGrayGuy Posted May 14, 2012 Share Posted May 14, 2012 As someone working on a project at Noble Energy, let me tell what seemed to expedite the move.... One day we came to work and there were bullet holes that went through a colleague's office through a hall to another office. Someone had shot up the building over night. It was time to get out of Gunspoint. Currently, Noble occupies a 14 story glass tower and 5 story pyramidal shaped building facing I-45. The area is not nice and you do not stay there after dark. 2 Quote Link to comment Share on other sites More sharing options...
LTAWACS Posted May 16, 2012 Share Posted May 16, 2012 We had a datacenter a block or two from there. Same thing happened to us a few years ago. We moved the machines to another DC in west Houston. Ugh. Quote Link to comment Share on other sites More sharing options...
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