December 8, 2025 10:00 AM
Newmark announces the Company has arranged a 61,975-square-foot headquarters office lease at 10000 Energy Drive, a two-building, 10-story property in Spring, Texas. Tetra Technologies, Inc., an energy services and solutions company, has leased space at the South Tower for its new headquarters. The transaction ranks among the top five largest new leases signed in the Houston metro year-to-date and is one of the largest Class A leases in the metro over the past twelve months[1].
Newmark Executive Managing Director David Baker, Managing Director Elliott Hirshfeld and Director Kristen Baker serve as the exclusive leasing agents on behalf of the property’s owner and landlord, Spear Street Capital. The tenant was represented by Caleb Lawson of Flatrock Commercial Real Estate Group, LLC.
“10000 Energy Drive offers a rare opportunity to secure a headquarters-quality environment with best-in-class infrastructure designed for maximum operational efficiency and reliability, while delivering one of the market’s most comprehensive sets of onsite amenities that support exceptional employee satisfaction and productivity,” said David Baker. “It is, without question, among the highest-quality assets I have ever represented in the market. We’re proud to continue partnering with premier national owner/operator Spear Street as we build on the strong new leasing momentum now underway at the property.”
10000 Energy Drive is a Class AAA, 563,716-square-foot LEED Platinum-certified office complex offering unparalleled amenities and infrastructure. The 2014-built property features best-in-class offerings, including over 40,000 square feet of indoor and outdoor conference space, a state-of-the-art fitness center, a premium food hall, lush landscaping, a 1.1-mile nature path and floor-to-ceiling windows. The North Tower, spanning 278,967 square feet, is fully occupied by Expand Energy.
Situated just north of Houston, the property provides excellent access to the metro’s major business centers, employers, entertainment and retail. With prominent visibility along I-45, the property offers tenants the opportunity for high-profile freeway signage.
According to Newmark Research, Houston ended the third quarter of 2025 with 636,813 square feet of positive absorption, a marked improvement quarter over quarter, and bringing its year-to-date total to positive 1.2 million square feet.
[1]
According to Newmark Research
About Newmark
Newmark Group, Inc. (Nasdaq: NMRK), together with its subsidiaries (“Newmark”), is a world leader in commercial real estate, seamlessly powering every phase of the property life cycle. Newmark’s comprehensive suite of services and products is uniquely tailored to each client, from owners to occupiers, investors to founders, and startups to blue-chip companies. Combining the platform’s global reach with market intelligence in both established and emerging property markets, Newmark provides superior service to clients across the industry spectrum. For the twelve months ended September 30, 2025, Newmark generated revenues of over $3.1 billion. As of September 30, 2025, Newmark and its business partners together operated from approximately 170 offices with over 8,500 professionals across four continents. To learn more, visit nmrk.com or follow @newmark.
Discussion of Forward-Looking Statements about Newmark
Statements in this document regarding Newmark that are not historical facts are “forward-looking statements” that involve risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements. These include statements about the Company’s business, results, financial position, liquidity, and outlook, which may constitute forward-looking statements and are subject to the risk that the actual impact may differ, possibly materially, from what is currently expected. Except as required by law, Newmark undertakes no obligation to update any forward-looking statements. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see Newmark’s Securities and Exchange Commission filings, including, but not limited to, the risk factors and Special Note on Forward-Looking Information set forth in these filings and any updates to such risk factors and Special Note on Forward-Looking Information contained in subsequent reports on Form 10-K, Form 10-Q or Form 8-K.
- Media>
- Press Releases>
- Newmark Arranges 61,975-SF Headquarters Office Le…
Newmark Arranges 61,975-SF Headquarters Office Lease at 10000 Energy Drive in Spring, Texas
Contact Us
Thank you for sharing your information with Newmark!