Clarion Partners owns the Offices at the Kensington, located at 1650 Highway 6. Transwestern Commercial Services is the owner of Two Sugar Creek, situated at 77 Sugar Creek Blvd. Fluor Daniel, an entity of Fluor Corp. is a large, publicly owned engineering, procurement, construction, maintenance and business services company.
Sugar Land also gets a 20,000-sf tenant at Commerce Green One via a newly cut deal with AMICA Insurance and a 9,100-sf signing with Lanier Worldwide at Granite Towers.
According to third quarter reports, Sugar Land has 3.2 million sf of office space. The submarket had a 13.5% vacancy rate at the Q3 close and average rents of $20.82 per sf for class A space and $17.09 per sf for class B space.
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