{"id":1004755119,"date":"2025-04-22T03:46:40","date_gmt":"2025-04-22T11:46:40","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004755119"},"modified":"2025-04-22T07:48:11","modified_gmt":"2025-04-22T15:48:11","slug":"mcdermott-secures-50-ksf-lease-in-energy-corridor","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/mcdermott-secures-50-ksf-lease-in-energy-corridor\/","title":{"rendered":"McDermott Leases 50 KSF in Energy Corridor"},"content":{"rendered":"\n<p><\/p>\n\n\n<div class=\"wp-block-image\">\n<figure data-wp-context=\"{&quot;imageId&quot;:&quot;6a07380b0d091&quot;}\" data-wp-interactive=\"core\/image\" class=\"alignright size-full is-resized wp-lightbox-container\"><img loading=\"lazy\" decoding=\"async\" width=\"640\" height=\"480\" data-attachment-id=\"1004755121\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/westgate-ii-in-houston-2\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/04\/Westgate-II-in-Houston-edited.jpg\" data-orig-size=\"640,480\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;\\u00a9 Yardi Systems, Inc.&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Westgate II in Houston\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/04\/Westgate-II-in-Houston-edited.jpg?w=640\" data-wp-class--hide=\"state.isContentHidden\" data-wp-class--show=\"state.isContentVisible\" data-wp-init=\"callbacks.setButtonStyles\" data-wp-on-async--click=\"actions.showLightbox\" data-wp-on-async--load=\"callbacks.setButtonStyles\" data-wp-on-async-window--resize=\"callbacks.setButtonStyles\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/04\/Westgate-II-in-Houston-edited.jpg\" alt=\"Exterior shot of Westgate II, a 186,288, four-story office building in Houston's Energy Corridor. \" class=\"wp-image-1004755121\" style=\"width:400px\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/04\/Westgate-II-in-Houston-edited.jpg 640w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/04\/Westgate-II-in-Houston-edited.jpg?resize=300,225 300w\" sizes=\"auto, (max-width: 640px) 100vw, 640px\" \/><button\n\t\t\tclass=\"lightbox-trigger\"\n\t\t\ttype=\"button\"\n\t\t\taria-haspopup=\"dialog\"\n\t\t\taria-label=\"Enlarge\"\n\t\t\tdata-wp-init=\"callbacks.initTriggerButton\"\n\t\t\tdata-wp-on-async--click=\"actions.showLightbox\"\n\t\t\tdata-wp-style--right=\"state.imageButtonRight\"\n\t\t\tdata-wp-style--top=\"state.imageButtonTop\"\n\t\t>\n\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"12\" height=\"12\" fill=\"none\" viewBox=\"0 0 12 12\">\n\t\t\t\t<path fill=\"#fff\" d=\"M2 0a2 2 0 0 0-2 2v2h1.5V2a.5.5 0 0 1 .5-.5h2V0H2Zm2 10.5H2a.5.5 0 0 1-.5-.5V8H0v2a2 2 0 0 0 2 2h2v-1.5ZM8 12v-1.5h2a.5.5 0 0 0 .5-.5V8H12v2a2 2 0 0 1-2 2H8Zm2-12a2 2 0 0 1 2 2v2h-1.5V2a.5.5 0 0 0-.5-.5H8V0h2Z\" \/>\n\t\t\t<\/svg>\n\t\t<\/button><figcaption class=\"wp-element-caption\">Westgate II is located at 17320 Katy Freeway, less than 5 miles west of McDermott&#8217;s headquarters. <em>Image courtesy of CommercialEdge<\/em><\/figcaption><\/figure><\/div>\n\n\n<p>McDermott International has taken 50,498 square feet at Westgate II, a 186,288-square-foot office building in Houston. JLL led the marketing efforts and arranged the lease signing on behalf of the landlord, a private investor.<\/p>\n\n\n\n<p>Westgate II has been under the current ownership since 2024, when it acquired the asset from Peakstone Realty, according to CommercialEdge information. The property came online in 2014 and rises four stories. The new tenant, an&nbsp;engineering and construction services provider for the energy industry, will join EPC Construction Wood Group at the property.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-sticking-to-the-energy-corridor\">Sticking to the Energy Corridor<\/h2>\n\n\n\n<p>Located at 17320 Katy Freeway in Houston\u2019s Energy Corridor, the office building is just off Interstate 10, between Terry Hershey Park Hike &amp; Bike Trail and George Bush Park. West Houston Airport is within 3 miles of the building, as are a Walmart Supercenter and Texas Children&#8217;s Hospital West Campus.<\/p>\n\n\n\n<p>McDermott&#8217;s new offices will include 162 workstations, 66 offices, two large breakrooms, 10 conference rooms, a wellness room and collaboration areas. The space will house 254 employees on the property\u2019s top floor. Based in Houston, the company&#8217;s headquarters is also within the Energy Corridor, at 915 N. Eldridge Parkway, less than five miles east of Westgate II.<\/p>\n\n\n\n<p>JLL Managing Director Tyler Garrett and Senior Associate Christian Canion represented the ownership in the marketing and leasing efforts at Westgate II.<\/p>\n\n\n\n<p>As of February, Houston&#8217;s full-service equivalent listing rates stood at $29.40 per square foot, below the national figure of $33.42, a recent <a href=\"https:\/\/www.commercialsearch.com\/news\/commercialedge-office-report-march-2025\/\">CommercialEdge office report<\/a> shows. The metro&#8217;s vacancy rate reached 22.8 percent, above the national average of 19.9 percent, which has increased 180 basis points from the previous year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The new tenant&#8217;s headquarters is located in the same district.<\/p>\n","protected":false},"author":3619,"featured_media":1004755121,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21784,1589,21742,21747,51973],"tags":[32796,44333],"class_list":["post-1004755119","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-brokerage","category-houston","category-latest","category-office","category-southwest","tag-jll","tag-mcdermott-international"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>McDermott Leases 50 KSF in Energy Corridor - Commercial Property Executive<\/title>\n<meta name=\"description\" content=\"McDermott International has leased 50,498 square feet at Excel Linen\u2019s Westgate II, in Houston. 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