Acquisitions

HOUSTON — MetroNational, the owner and operator of the Memorial City mixed-use district in Houston, has purchased the 442,042-square-foot former headquarters building of Marathon Oil Corp. The 15-story building was constructed in 2022 on a 3.4-acre site at the southeast corner of the I-10 and Beltway 8 intersection in West Houston’s Energy Corridor area. The building features a signature amenities floor with a conference center and breakout rooms, as well as indoor and outdoor collaboration and gathering spaces. Brandon Clarke, Kevin McConn, Rick Goings, Sanford Criner and Jeff Cairns of JLL represented the seller, ConocoPhillips, which acquired Marathon Oil last year for $22.5 billion, in the transaction. MetroNational was self-represented. The building was almost completely vacant at the time of sale. MetroNational has tapped JLL as the leasing agent.

HOUSTON — JLL has negotiated the sale of 801 Travis, a 222,192-square-foot office building in downtown Houston. Originally built in 1981 and most recently renovated in 2014, 801 Travis rises 21 stories with a parking garage on floors two through 11. The building was 45 percent leased at the time of sale. Rick Goings, Marty Hogan, Tom Hall, Gianna New and Dawson Hastings of JLL represented the seller, a court-appointed receiver, in the transaction. Morris Chen, who according to KHOU is a New York-based broker, represented the undisclosed buyer.