HOUSTON-National Oilwell Varco LP, a supplierof mechanical and other parts to rigs in the oil and natural gasindustries, signed a three-year lease for space at the Younan Placebuilding in the Westchase submarket. The new tenant will occupy42,296 square feet in a deal commencing June 1.

"This is project space for them," says Griffin T.Jaggard, vice president of locally based MoodyRambin Interests. "They have a new client and needed toexpand to complete the project."

Jaggard and Moody Rambin senior vice president DerekBeck represented the landlord, Younan PropertiesInc. in the lease negotiations. LucianBukowski with Jones Lang LaSallerepresented the tenant in negotiations for space at 9801 WestheimerRd.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
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.