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In July 2003 the space was 82% booked for occupation. Calpine and Burlington Resources, another energy company, leased space in the building; each company agreed to lease 250,000 square feet (23,000 m 2) of space. In addition Jones Day agreed to lease over 50,000 square feet (4,600 m 2). [2] The building opened on Monday November 10, 2003.
After the swap Dresser occupied 163,000 sq ft (15,100 m 2) of space on eight floors, while Kellogg continued to lease six floors in the building. In exchange Kellogg took space formerly held by Dresser at the M. W. Kellogg Tower in the Cullen Center in Downtown Houston. The swap satisfied Dresser's need for less space. [8]
During that year the building was 93% leased. Amegy Bank, UBS, and Willbros USA together had 50% of the leasable space. [1] CP Group, formerly Crocker Partners, purchased Five Post Oak Park in 2021. The transaction was the commercial real estate firm's first in the Houston market since 2014, highlighting the firm's optimism of the CBD.
3050 Post Oak has about 350,000 square feet (33,000 m 2) of space. In 1997 3050 Post Oak Boulevard was 97% occupied. [5] In 2009 Galway Group renewed and expanded its lease in 3050 Post Oak Boulevard. [8] The Consulate-General of Argentina was formerly located in Suite 1625 [9] - As of June 2, 2009 it is located in a different facility in ...
NetIQ's lease was scheduled to expire in 2005. [3] As of 2010 the buildings are 99% occupied, with the unused space consisting of unusable corridor space and janitor storage closet space. [1] The Houston Business Journal had occupied space in the Park Towers for a period of over 10 years. In 2012 the newspaper announced that it was moving to ...
Houston and Dallas had 18.8% and 17.2% of office space sitting empty at the end of 2022, according to the figures from CoStar and JPMorgan, well above the national average of 12.5%.