Retail energy assistance service provider Gexa Electricity is relocating to downtown Houston in a vote of assurance for the district’s workplace industry nonetheless recovering from the pandemic.A Gexa Electrical power spokesman confirmed the company plans to relocate to downtown Houston commencing in late 2022 and early 2023 from its present places of work at 20455 State Highway 249 in northwest Houston. The enterprise inked a 10-calendar year lease for 62,261 square toes of office house at 601 Travis Street, taking up the entirety of the 14th ground, in accordance to Cushman & Wakefield, which signifies landlords Cerebus Cash Management and Hines. Diana Bridger, Brad Beasley and Michael Anderson of Cushman Wakefield represented the landlord in the offer and Ron McWherter of CBRE represented the tenant.
At 601 Travis, Gexa Electricity will be joining NextEra Electrical power Resources, its mother or father organization, which a short while ago prolonged its 75,000 square-foot lease in the exact developing. NextEra is a single of the greatest wholesale generators of electric electricity in the place. Gexa’s lease is amid the larger new place of work offers signed this calendar year in the central business enterprise district. About 32 % of workplace space downtown is available for lease, in accordance to Cushman & Wakefield research.
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