{"id":1004087596,"date":"2013-11-25T20:47:39","date_gmt":"2013-11-26T04:47:39","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=219679"},"modified":"2022-12-08T23:39:12","modified_gmt":"2022-12-09T07:39:12","slug":"metlife-provides-161-5m-in-financing-for-houston-office-tower-noble-energy-center-one-changes-hands","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/metlife-provides-161-5m-in-financing-for-houston-office-tower-noble-energy-center-one-changes-hands\/","title":{"rendered":"MetLife Provides $161.5M in Financing for Houston Office Tower; Noble Energy Center One Changes Hands"},"content":{"rendered":"<p style=\"text-align: justify\"><em>By Amalia Otet, Associate Editor<\/em><\/p>\n<p style=\"text-align: justify\">MetLife Inc. has provided $161.5 million<a href=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2013\/11\/Marathon-Oil-Tower-in-Houstons-Galleria-Submarket.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-medium wp-image-219688\" title=\"Marathon Oil Tower in Houston's Galleria Submarket\" src=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2013\/11\/Marathon-Oil-Tower-in-Houstons-Galleria-Submarket.jpg\" alt=\"\" width=\"300\" height=\"199\" \/><\/a> in financing to CBRE Strategic Partners U.S. Value 6, a fund sponsored by CBRE Global Investors that has acquired Marathon Oil Tower in Houston.<\/p>\n<p style=\"text-align: justify\">&#8220;We are continually expanding our portfolio in Texas, which is a key market for us,&#8221; said Robert Merck, senior managing director &amp; head of real estate investments for MetLife, in a written statement. &#8220;We are excited to work with CBRE Investors and include Marathon Oil Tower, a premier property, in our ever-growing portfolio.&#8221;<\/p>\n<p style=\"text-align: justify\">Located in the Tanglewood \/ San Felipe submarket of the Galleria shopping and business district, the 41-story landmark tower features 1.2 million square feet of premier office space. Amenities include on-site property management, 24-hour security, full-service on-site dining facilities, 24,000 square feet of conference facilities and an attached card-accessed parking garage containing three levels below ground and 10 stories above ground. The Class A-plus property has obtained LEED Silver certification from the U.S. Green Building Council.<\/p>\n<p style=\"text-align: justify\">In other investment news, Cole Corporate Income Trust Inc. acquired Noble Energy Center One, a 10-story, Class A office building in Northwest Houston, from a joint venture between Trammell Crow Co. and Principal Real Estate Investors. Terms of the deal have not been disclosed.<\/p>\n<p style=\"text-align: justify\">Sitting on a 3.5-acre tract at Louetta Road and State Highway 249, the 497,000-square-foot tower features exclusive amenities, including a caf\u00e9, dining area and coffee bar; a fitness center; outdoor dining and meeting areas; and a state-of-the-art conference center.<\/p>\n<p style=\"text-align: justify\">The property underwent a major renovation, earlier reported\u00a0 by <a title=\"Read all about the project on Commercial Property Executive\" href=\"https:\/\/www.commercialsearch.com\/news\/cities\/houston\/marathon-oil-tower-changes-hands-first-building-complete-in-noble-energy-campus\/\"><em>Commercial Property Executive<\/em><\/a>, which included modifications to lobbies, elevators, landscaping, common areas, signage and other aspects of the building and parking garage. The project has achieved LEED Gold certification.<\/p>\n<p style=\"text-align: justify\">In January 2012, Noble Energy inked a long-term agreement to establish its global corporate headquarters in the building. The Noble Energy campus is expected to office more than 1,600 employees by 2015.<\/p>\n<p style=\"text-align: justify\"><em>Photo credits: <a title=\"Marathon Oil Tower official website\" href=\"www.marathonoiltower.com\/\">Marathon Oil Tower<\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>MetLife, Inc. has provided $161.5 million in financing to CBRE Strategic Partners U.S. Value 6, a fund sponsored by CBRE Global Investors that has acquired Marathon Oil Tower in Houston.<\/p>\n","protected":false},"author":260,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1589,21742],"tags":[39438,1815],"class_list":["post-1004087596","post","type-post","status-publish","format-standard","hentry","category-houston","category-latest","tag-houston","tag-national"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>MetLife Provides $161.5M in Financing for Houston Office Tower; Noble Energy Center One Changes Hands - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/metlife-provides-161-5m-in-financing-for-houston-office-tower-noble-energy-center-one-changes-hands\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"MetLife Provides $161.5M in Financing for Houston Office Tower; Noble Energy Center One Changes Hands\" \/>\n<meta property=\"og:description\" content=\"MetLife, Inc. has provided $161.5 million in financing to CBRE Strategic Partners U.S. Value 6, a fund sponsored by CBRE Global Investors that has acquired Marathon Oil Tower in Houston.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/metlife-provides-161-5m-in-financing-for-houston-office-tower-noble-energy-center-one-changes-hands\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2013-11-26T04:47:39+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-09T07:39:12+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2013\/11\/Marathon-Oil-Tower-in-Houstons-Galleria-Submarket.jpg\" \/>\n<meta name=\"author\" content=\"Adriana Pop\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/metlife-provides-161-5m-in-financing-for-houston-office-tower-noble-energy-center-one-changes-hands\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/metlife-provides-161-5m-in-financing-for-houston-office-tower-noble-energy-center-one-changes-hands\\\/\"},\"author\":{\"name\":\"Adriana Pop\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/c6fbe4a6cd09e6097b39e787ae96d7ad\"},\"headline\":\"MetLife Provides $161.5M in Financing for Houston Office Tower; 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