October 23, 2023 1:00 PM
Newmark announces that Audubon Engineering Company, a leading engineering, procurement and construction (EPC) services firm, has signed a new 71,879-square-foot lease at 3505 W Sam Houston Pkwy N for its primary corporate office in Houston, Texas.
Newmark Vice Chairman Reggie Beavan, Managing Director Joshua Brown and Associate Director Audrey Selber represented the tenant in the transaction. CBRE’s Russell Hodges and Bubba Harkins represented the landlord, Azrieli Group, a real estate and holding company headquartered in Tel Aviv.
“Audubon was seeking enhanced amenities, and decided that relocating to a building with an ideal existing build-out already in place would outweigh the challenges of performing a major renovation to its former Houston corporate office,” said Brown. “We were honored to help Audubon secure a space that will meet the company’s immediate and long-term needs upon move in.”
Built in 2013, 3505 W Sam Houston Pkwy N is a four-story, multi-tenant office property totaling 227,045 square feet. Amenities include a full-service café, a fitness center, structured garage parking, floor-to-ceiling windows and an outdoor courtyard with seating. Located directly adjacent to I-10, the property is proximate to the Houston Energy Corridor, a major business district that houses several prominent energy operations including Citgo, ConocoPhillips and Shell Oil Company.
Audubon CEO David Robison commented, “Our company has grown considerably in recent years, with major expansion of both personnel and service offerings. Moving to 3505 West Sam aligns our corporate office with who we are today – and who we will be in the decades to come. Audubon is grateful to the Newmark team for their first-rate service in ensuring a seamless transaction for this fantastic space.”
Founded in 1997, Audubon is a group of six affiliate companies with 15 office locations spanning North and South America. As a leading global EPC and technical services provider, Audubon has a reputation for delivering high-value solutions in the energy, renewables, power and utility, infrastructure and industrial markets. For more information, visit auduboncompanies.com.
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 year ending December 31, 2022, Newmark generated revenues of approximately $2.7 billion. As of June 30, 2023, Newmark’s company-owned offices, together with its business partners, operate from approximately 170 offices with over 7,400 professionals around the world. To learn more, visit nmrk.com or follow @newmark.
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