Search
 
Features

Renewed Amenities Influence Lease Renewal

The continued flight-to-quality combined with strong leasing activity resulted in the Houston class-A market netting positive absorption for last year.

Loop Central Griffin Partners plans to enhance the tenant experience at the campus with new amenities.

HOUSTON—UniversalPegasus International, part of Huntington Ingalls Industries, has renewed its lease for 113,114 square feet for its corporate headquarters at 4848 Loop Central Dr. The landlord is a joint venture of Griffin Partners and Wheelock Street Capital.

“Loop Central has proven to be a convenient central location and cost-effective office solution for our people over the years and we are pleased that it will continue to be the home of our headquarters in Houston,” says Kevin Kelly, UPI’s chief financial officer. “We are looking forward to the new amenities that Griffin Partners will be implementing and believe they will enhance the productivity of our workforce.”

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

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.