Bechtel plans to relocate its 1,500 employees by the end of 2023 to the Westchase area about 8 miles west of its longtime home at 3000 Post Oak, the company confirmed.
“From the beginning of the process, Bechtel Energy focused on ensuring the best workplace experience for its employee base in Houston,” said Kevin Kushner, executive vice president at CBRE who represented Bechtel with CBRE’s William Padon. “The company has a long-standing local history, and this transaction shows a commitment by Bechtel Energy to its clients, employees and the city of Houston.
“We are working on some exciting renovation plans for the building with Abel Design Group ,so this is excellent opportunity for a new headquarters for a major tenant,” Colvill said. “We are already seeing inquiries.” Bechtel’s move comes as hybrid work schedules spur more companies to reevaluate their real estate needs. About half of companies surveyed by CBRE earlier this year said they plan to reduce office space over the next three years.
Eric Siegrist, Rima Soroka and JP Hutcheson represented landlord Parkway Property in the transaction with Bechtel, according to CBRE.
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