1430-Enclave-Parkway-Houston

Schlumberger Signs 226,000 SF Office Lease Renewal, Expansion in Houston

by Taylor Williams

HOUSTON — Schlumberger Technology Corp., a division of international oilfield services firm Schlumberger Ltd., (NYSE: SLB) has renewed and expanded its office lease in Houston. The company now occupies 226,000 square feet at 1430 Enclave Parkway in the Energy Corridor area on Houston’s west side. Owned by Atlanta-based Piedmont Office Realty Trust (NYSE: PDM), the Class A property totals 312,564 square feet. The size of Schlumberger’s original footprint was not disclosed, but the new lease carries a 10-year term and the company now occupies roughly 72 percent of the total leasable space.

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