Energy Industry Supplier Subleases 13,904 SF in West Houston

HOUSTON-CSO Aker Maritime, an entity of Norwegian-based Aker Maritime, has subleased 13,904 sf on the 10th floor at 11700 Old Katy Rd. It is moving into space occupied by SCOR US Corp.

Keith Lloyd with the Houston office of Grubb & Ellis Co. represented the sublessor. Kevin Poynter of Houston’s Mac Haik Management brokered the deal for sublessee. The companies in the Aker Maritime group deliver advanced products and services for oil and gas exploration and production offshore.

Lloyd tells GlobeSt.com that the sublease agreement spans all of SCOR’s space in the three-year-old, 326,000-sf building. SCOR is a European insurance conglomerate. The building, owned by Mac Haik Management, is located in the Katy Freeway submarket. Last quarter, Devon Energy also added 170,000 sf of sublease space to the market, according to a report by Grubb & Ellis in a planned move in July to Memorial City Plaza. Direct vacancies in the submarket are a bit over 10%.