CBRE announces that EDF Trading North America, EDF Energy Services, and their affiliates have signed a new lease to relocate their Houston office to 601 Travis Street in downtown Houston.
The EDF companies manage an extensive portfolio of assets on behalf of their customers and provide a complete suite of energy services including wholesale energy trading, generation services, retail and renewable energy.
CBRE’s Matt Dickson and Kevin Kushner represented EDF in lease negotiations with the landlord, Texas Tower Limited Partnership. Paula Bruns and Michael Anderson, with Colvill Office Properties, represented Texas Tower Limited Partnership.
“EDF asked CBRE to find a new office that could accommodate its high-density trading floor. We identified several creative options throughout Houston and 601 Travis fit the best with EDF’s goals,” Mr. Dickson said.
601 Travis Street is a 20-story, 407,896-square-foot building located at Capitol and Travis Street. The building, designed by renowned architect I.M. Pei, features other notable tenants such as Dynegy, Bank of New York Mellon and NextEra.
“With this transaction, EDF has made a significant investment in Houston and its employees,” Mr. Kushner said. “The company was extremely thorough; the time and effort EDF spent on this transaction will be rewarded with a great result when the company moves into its new space.”
CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (based on 2016 revenue). The company has more than 75,000 employees (excluding affiliates), and serves real estate investors and occupiers through approximately 450 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.