Haldor Topsoe, an oil and gas processing technology firm from Lyngby, Denmark, has had its North American group headquarters at 17629 El Camino Real since the early 1980s. Ted Anderson, CFO with the firm's North American operations, says the company reviewed other office options within the submarket and decided to stay in place because the building owner offered the best deal in terms of economics. The building's quoted rate is $14.75 per sf. The four-story, 76,113-sf Camino Center I is 92% leased.
Doug Little and Mike Adams, a PM Realty Group team in Houston, represented the building owner, KBS Realty Advisors of Newport Beach, CA. Derrell Curry of CB Richard Ellis Inc.'s Houston office bargained for the tenant.
"In a challenging market such as Clear Lake, we are happy to retain a tenant of this size and quality," Sam DePoy, KBS Realty's senior vice president, said in a press release.
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