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Brookfield Secures Motiva’s Lease Renewal in Downtown Houston

Brookfield Secures Motiva’s Lease Renewal in Downtown Houston

An energy giant reaffirmed its allegiance to Houston in a rare vote of confidence for the city’s downtown office market. Motiva Enterprises renewed its 221,000-square-foot headquarters lease at One Allen Center, extending its decade-long presence in the Brookfield Office Properties–owned tower, the Houston Business Journal reported. The lease renewal was brokered by Tim Relyea and […]

CBRE Sues Former Executive Who Joined Competing Firm

CBRE Sues Former Executive Who Joined Competing Firm

Two brokerage giants are embroiled in a legal battle after an executive jumped ship from one to the other. Dallas-based CBRE sued former executive Chris Hipps in December after he joined Chicago-based Cushman & Wakefield as its Texas managing principal, alleging that he breached his employment contract, the Dallas Business Journal reported.  Hipps served in […]