HOUSTON-The 335,000 square-foot, 12-story Galleria area officetower at 2000 St. James Place, which fell into foreclosure in thebeginning of 2010, will be acquired by Core Real Estate through aforeclosure auction and will get a new tenant. Core Real Estate isnow under contract to acquire the property.


The tenant is Weatherford International Ltd., a Swiss-basedoilfield service firm, will merge all of its Houston-based officesinto the tower in 2012. CB Richard Ellis represented the company inthe transaction. For the full story, go to Houston Chronicle.

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