Lantana Place Retail Center

Exclusive: Houston energy engineering co. in talks to lease Energy Center Five

Energy Center Five, a 524,397-square-foot office tower in the Energy Corridor at 915 N. Eldridge Parkway, was completed in 2016. It has never been occupied.

Now it might land its first tenant.

Houston-based McDermott International Inc. (NYSE: MDR), an engineering firm that services energy companies, is in discussions to lease space in Energy Center Five, sources with knowledge of the deal told the Houston Business Journal. It’s unclear how much space McDermott is interested in leasing, though it’s likely that McDermott would lease most or all of Energy Center Five.

McDermott is being represented by CBRE’s Brandon Clarke, Steve Hesse and Paul Penland. CBRE declined to comment on the negotiations. Trammell Crow Co., which developed and owns Energy Center Five with alongside Principal Real Estate Investors, declined to comment. CBRE’s Cody Armbrister and Steve Rocher lease Energy Center Five on behalf of Trammell Crow. A spokesperson for McDermott said the company has “not yet finalized our plans or made any announcements for our new headquarters.”

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After contacting SwiftLease and you will be assigned your own dedicated agent. You will tell us about your small business, how much office space you need, your budget, when you want to move, and some other details. Within 24 hours we will send you a qualified list of buildings that meet your building and space criteria. SwiftLease agents are experts in Energy Center Five Lease. We will send you options that meet your criteria – space, budget, availability and location. Don’t delay, contact us today!