Lease Brief, Houston

Schlumberger renewed a lease for 64 months for 155,324 SF at Schlumberger Building in the Katy Freeway West submarket. PRS’s Lisa Skelton represented the owner, Parkway Properties. Studley’s Mark Russell represented the tenant.

CB Richard Ellis reported that Kenswick AirFreight & LogisticsCentre is now 100% leased. The 164,750 sq. ft., two-building complex is a development of Trammell Crow Company and ING Clarion. The Class A warehouse/distribution park is situated between FM 1960 and Will Clayton Parkway directly east of and adjacent to George Bush Intercontinental Airport. Ken swick AirFreight and LogisticsCentre’s close proximity to the expanded IAH Cargo Center makes it a logical and strategic location for air cargo related companies, said Patrick Rollins of CBRE