Chevron Corp. to sell Houston Bellaire Commercial campus and major commercial site near Grand Parkw
Chevron firm has place 2 items of Houston property up available, the energy big confirmed July twenty two.
The San Ramon, California-based company plans to sell its Bellaire field at 4800 Fournace Place and 103 acres off the Grand drive it bought in 2014. Cushman & Wakefield is selling each properties, per real estate write up and therefore the Houston Chronicle.
The 28-acre Bellaire field includes a 10-story building, per RNR. Chevron representative Cam Van Ast confirmed that the 900 workers WHO presently work that field can come in the company’s downtown facilities by the tip of 2017. in-built the first Nineteen Forties, the field originally was a Texaco geophysical science work and currently homes a range of divisions, adore Chevron’s company, business services and human resources.
“Chevron is consolidating its presence in Houston to make sure we tend to still maximize our workplace house usage,” Van Ast aforementioned in associate degree emailed statement.
Additionally, Chevron is mercantilism 103 acres off the Grand drive and Clay Road in West Houston. the corporate declared it'd obtain the land in June 2014 and closed on the deal later that year, however it had no specific plans for the positioning at the time.
"At this point, Chevron is just deed the land to provide the corporate future R&D facilities flexibility as we tend to grow and expand our presence within the larger Houston space," a Chevron representative told the Houston Business Journal at the time.
Chevron ne'er in public captive forward with a project there. As a part of an everyday analysis of the company’s property portfolio, Chevron determined the land isn't any longer needed, Van Ast aforementioned.
“Houston, and therefore the state of TX, remains the world center for our upstream business and different functions, and that we expect to still be a semipermanent partner to the town and state,” Van Ast aforementioned.
Chevron has downtown Houston offices at 1500 Louisiana St., 1400 Smith St., 1600 Smith St. and 2 Allen Center, all of that were expected to possess jobs cut finally year.
Chevron place the brakes on plans to create another tower downtown in late 201