Oilpatch giant Baker Hughes is downsizing its office footprint in Houston, selling or leasing 364K SF and moving to a smaller HQ in the city.
The company will vacate its current headquarters at 17015 Aldine Road as well as office space it occupies in Spring Branch as it prepares to move into a new 130K SF HQ at Energy Center II at 575 Dairy Ashford Road. The new HQ is scheduled to open next year.
Baker Hughes attributed the adjustment to its adoption of hybrid work and said that 1,400 of its employees would be affected by the shrinking office footprint, according to a report in the Houston Chronicle.
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