HOUSTON, TX – Grubb & Ellis Company (NYSE: GBE), a leading real estate services and investment firm, announces that Robert Bantly and Scott Fikes with t
he Houston office negotiated two leases totaling 133,326 square feet on behalf of
ENGlobal Corporation (NASDAQ: ENG), a leading provider of engineering and professional services to the midstream and downstream sectors of the energy industry.
Terms of the transactions were not disclosed.
The first lease was for a new 52,518-square-foot engineering and administration building located at 3155 Executive Blvd. in Beaumont’s Executive Business Plaza.
The facility, which was built to suit by Clay Development and Construction, is on the same site and replaces the building destroyed by Hurricane Rita in September 2005.
The company, which is currently in the process of moving into the new building, now occupies a total of 134,274 square feet in Beaumont.
The second lease was for 80,808 square feet of fabrication space to support ENGlobal’s automation segment. The new industrial space is located at 225 Portwall St. in Portwall Distribution Center II (top right photo) and represents an expansion for the firm, which is moving from 62,641 square feet at a nearby location.
The company’s automation group is slated to relocate to its new space in March 2009. The property owner, The Carson Companies, was represented internally by Dan Zoch.
“We are pleased to announce the expansions of our engineering and automation locations
,” said ENGlobal’s Chairman and Chief Executive Officer
William A. Coskey, P.E. (middle right photo) “The moves are necessary to support the company’s growth and its need for improved facilities. The Beaumont location illustrates our commitment to employees and clients in and around the Golden Triangle area, while our Houston-based automation group required a larger and more efficient fabrication facility due to increased backlog.”
Bantly and Fikes have represented ENGlobal since 2006. Since that time, Grubb & Ellis has completed numerous assignments for the company around the country.
EaglePicher Medical Power Takes 20,000 SF at Jupiter Service Center in Plano, TX
DALLAS, TX – Grubb & Ellis Company (NYSE: GBE), a leading real estate services and investment firm, has secured a 20,000-square-foot lease at
Jupiter Service Center, (bottom right photo) a four-building office and R&D park in the Dallas suburb of Plano.
EaglePicher Medical Power LLC, a company that manufactures medical device batteries, leased the space at 1009 Jupiter Road, bringing the occupancy of the center to 100 percent. Built in 1999, the approximately 125,000-square-foot center is situated on roughly nine acres of land within close proximity to State Routes 190, 5 and 544, as well as Interstate 75.
“EaglePicher is a high quality tenant expected to occupy the space on a long-term basis,” said
Russ Johnson, (bottom left photo) senior vice president of Grubb & Ellis’ Dallas office. “The company is in the medical field, a growing industry that made them particularly attractive to our client.”
Kathy Permenter, managing director of Agency Leasing, also of Grubb & Ellis’ Dallas office, joined Johnson in the representation of the property’s landlord, Kodiak Capital Partners LLC. David Ellis, director of technology marketing and redevelopment for the Plano Economic Council, played a key role in attracting the tenant to the property.
DALLAS, TX (Aug. 3, 2009) – Grubb & Ellis Company (NYSE: GBE), a leading real estate services and investment firm, today announced that Michael Landon, a 30-year veteran of the Dallas commercial real estate industry, has joined the company as senior vice president.
