Engineering Firm Leases 29K SF from Broadshore Capital Partners

A civil engineering firm is slightly expanding its West Houston footprint in a move within the Energy Corridor, where a swarm of companies have flocked in recent years.

R.G. Miller inked a long-term lease to occupy nearly 29,000 square feet in the 14-story, 350,000-square-foot Eldridge Oaks office tower, at 1080 Eldridge Parkway, the Houston Business Journal reported.

Avison Young’s Anthony Squillante and Drew Coupe represented R.G. Miller in lease negotiations, while Stream Realty Partners’ Brad Fricks and Matt Asvestas represented the landlord, an affiliate of Broadshore Capital Partners.

R.G. Miller, which was acquired by Houston-based design and construction management firm DCCM in 2021, plans to relocate later this year from Atrium at Park Ten, at 16340 Park Ten Plaza, where it leases a little under 27,000 square feet. Atrium at Park Ten is about 4 miles west of Eldridge Oaks, just north of Interstate 10.

The firm’s decision to move was prompted by the desire for modern, amenity-filled office space, shedding light on the flight-to-quality trend that has emerged with the remote-work era.

Los Angeles-based Broadshore purchased the building in 2021 and performed a multi-million dollar renovation, adding a fitness center, conference center, food services and tenant lounge, along with an outdoor fitness deck that offers yoga classes. Improvements were also made to first- and second-floor lobbies.

The R.G. Miller deal adds to a string of recent leasing victories for the Energy Corridor. Last year, French engineering and technology company Technip Energies leased the top six floors of the 14-story West Memorial Place II, totaling 171,600 square feet. Diamond Offshore Drilling leased 63,000 square feet at the 12-story One Eldridge about a month later.

In addition to the influx of new leases, several existing tenants have expanded their footprint in the Energy Corridor. Engineering and construction firm Fluor, for instance, added 104,700 square feet to its lease at Two Eldridge earlier this year, bringing its occupancy to nearly 413,000 square feet.

“The corridor from Echo Lane to Highway 6 along Interstate 10 have seen substantial absorption to the point where there’s very few large blocks of quality space left,” Squillante told the outlet. “It’s a very popular area, and people want to be there.”

—Quinn Donoghue