NRG Texas Leases Most of Houston Pavilions Tower
NRG Texas and its retail business Reliant Energy have executed a long-term lease at Pavilions Tower in the Houston Pavilions complex, an agreement that includes the space in floors one through ten (Sheehy, Serpe & Ware occupy the top floor). Eric Anderson and Greg Tilton of Transwestern represented the owner, Houston Pavilions LP. NRG Texas was represented by George Strake and Christopher Oliver with Cushman & Wakefield of Texas, Inc.
With the completion of the NRG lease, the second largest lease to be completed within the last year in downtown Houston, the office section of the project is now completely leased. "Even in the best of economic times, it's not often that a 240,000-square-foot tenant comes along," said Geoff Jones, co-developer/principal of Houston Pavilions. "In today's climate, we feel extremely fortunate to have executed a lease of this size with a tenant like NRG."
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