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Feb. 4, 2013

Energy XXI Expands Footprint at One City Centre; Law Firm Moves In at BG Group Place

By Georgiana Mihaila, Associate Editor

Oil-and-gas exploration and production company Energy XXI Services L.L.C. has decided to expand its presence on the Main Street Corridor. The company has signed a lease expansion for 28,168 square feet at One City Centre, bringing its total footprint to 128,133 square feet.

Transwestern’s David Baker, executive vice president, represented landlord Beacon Investment Properties, which purchased the property on Sept. 20 from Behringer Harvard; Jason Wasaff with Wilson Wasaff Group L.L.C. represented the tenant.

One City Centre is a 29-floor, Class A office building totaling 609,000 square feet and located within walking distance of hotels, sporting events, convention facilities and Discovery Green Park. The strategic location on the Main Street Corridor is convenient to the Metro’s light-rail and bus routes.

Meanwhile, Downtown Houston’s newest office tower, BG Group Place, has achieved some recent leasing activity: Law firm BakerHostetler signed a 75,737-square-foot lease for floors 11 through 13 of the 46-story LEED Platinum building. The lease also includes a unique 10,000-square-foot, green rooftop deck for client events and firm functions.

The law firm will relocate from another downtown building when the lease commences in the third quarter of this year. With the signing of this lease, BG Group Place is 92 percent occupied. BakerHostetler was represented in lease negotiations by Mark O’Donnell, Derrell Curry and David Endelman of Studley. Chrissy Wilson, Allison Knight and Tyler Garrett represented Hines, the building’s developer, owner and manager.

Hines senior managing director John Mooz said, “We could not be more pleased with BakerHostetler choosing BG Group Place for their new home. They are an outstanding addition to an already world-class tenant roster.”

Image: BG Group Place, Courtesy of Hines