Coy Davidson of the Houston office of Colliers International represents CCNG, which sold the majority of its business to Houston-based Shell Oil Co. Phillip Price of the Houston office of Cushman & Wakefield of Texas Inc. negotiated on the law firm's behalf.
Davidson tells GlobeSt.com that the asking rate on the class A space is $18 per sf in comparison to the $21.04 per sf being sought by comparable competitors in the 11.4-million-sf submarket. The submarket's average is $18.44 per sf. The 144,231-sf building is owned by TMG Southwest LP.
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