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JLL represents Kiewit Engineering Group Inc. in new lease at Energy Tower IV
HOUSTON, June 25, 2018 – JLL today announced Kiewit Engineering Group Inc. has signed a 52,834-square-foot office sublease for the 14th and 15th floors of Energy Tower IV at 11750 Katy Freeway in Houston's Energy Corridor. The new office location will house the company's oil, gas and chemical engineering group.
The Omaha, Nebraska-based company provides engineering, procurement and construction services to the transportation, oil and gas, power, commercial building, water and wastewater, and mining sectors. The company also has an office at 3831 Technology Forest Blvd. in The Woodlands.
JLL's Louie Crapitto represented Kiewit in the transaction. Andrew Zeplain of CBRE represented the sublessor, BASF.
"This new location puts Kiewit's engineering team at the center of their client base," said Crapitto. "Given the market, they were able to take advantage of availability in this premier office building providing their employees with an exceptional work environment in support of their operations."
Energy Tower IV is a 429,157-square-foot Class A office building in Houston's Katy Freeway West office submarket. Built in 2015, the 17-story building features a state of the art fitness center, on-site restaurant with courtyard seating, dedicated parking garage, direct access to Interstate 10 and is next to a Hilton Embassy Suites.
According to JLL research, the Katy Freeway West office submarket has approximately 2.3 million square feet of sublease space, second only to Houston's CBD.
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JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. Our vision is to reimagine the world of real estate, creating rewarding opportunities and amazing spaces where people can achieve their ambitions. In doing so, we will build a better tomorrow for our clients, our people and our communities. JLL is a Fortune 500 company with nearly 300 corporate offices, operations in over 80 countries and a global workforce of 83,500 as of March 31, 2018. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit ir.jll.com.
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