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HOUSTON AND SUGAR LAND, TEXAS — CB Richard Ellis (CBRE) has arranged two lease renewals on behalf of Hexion Specialty Chemicals. The company renewed its lease for 17,884 square feet of office space at Continental Center I, which is located at 1600 Smith St. in Houston’s central business district. Additionally, Hexion renewed its lease for 44,882 square feet of office and laboratory space at Corporate Business Center, which is located at 12650 Director’s Dr. in Sugar Land. CBRE’s John Simons and Michael Palmer represented Hexion in both transactions.