Search
 

HPE Launches Marketing During Search Effort

During marketing efforts, HPE is remaining in its current campus until a new Houston location has been identified and built, and will lease back the facility until its new campus is complete.

HPE Campus The HPE campus is located at 11445 Compaq Center West Dr. in northwest Houston.

HOUSTON—Late last year, Hewlett Packard Enterprise announced plans to move out of its current Houston facility—the former Compaq campus—after flooding two years in a row. The campus is located at 11445 Compaq Center West Dr. in northwest Houston near Highway 249. The facility is next to Cypress Creek, and was impacted by the 2016 Tax Day floods and Hurricane Harvey.

The Palo Alto, CA-based company plans to build a new facility to keep most of its Houston operations in the area, but it will relocate its manufacturing operations to Austin, TX. Most HPE employees, including sales, business unit, supply chain, legal and human resources teams, will remain in the current location until a new Houston location has been identified and built, and HPE will lease back the facility until its new campus is complete, according to the firm.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Lisa Brown

Lisa Brown

Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.

More from this author

Recommended Stories

Nominate a Net Lease Expert

Nominate a Net Lease Expert

Ingrid Tunberg |

Do you know a professional and/or company that has helped shape the net lease sector? Submit a candidate for GlobeSt.'s Influencers in Net Lease recognition before May 29!

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.