Chevron will be moving some employees into the office building I once worked in downtown, across the street from the former Enron building they bought in 2004.
Almost two years after buying the 40-story downtown tower built for Enron, Chevron has leased about 20 stories of space in another high-profile building nearby.
The California-based oil giant will use 465,000 square feet of space in 1600 Smith, the 51-story building that’s also the headquarters for Houston-based Continental Airlines, to consolidate operations now in Sugar Land.
The transaction will be a “major plus to downtown,” said Tim Relyea, vice chairman of Cushman & Wakefield of Texas, who represented Chevron in lease negotiations.
I worked in 1600 Smith for about a year during 1993 and 1994. Had a great view of the Rockets’ victory parade down Smith Street after the won the NBA championship in ’94, too. I’m glad to see the old place still has some life in it.
I linked to this story mostly because Chevron’s purchase of the Enron building had a few bumps in the road. Here’s what I blogged about it at the time.