SHAW INCREASES BY TWO TIMES LEASE SIZE

The Shaw Group Inc. is increasing the amount of office space it uses by more than 50 percent.
Shaw signed a 10-year lease for 106,500 square feet of space in the 1430 Enclave Parkway building where it already leases 206,000 square feet. That gives the engineering and construction firm a total of 312,500 square feet.
Following the transaction, Shaw is the sole tenant in the six-story, Class A office building in West Houston's Energy Corridor.
The building was originally designed for Stone & Webster, an engineering firm that was acquired by Baton Rouge, La.-based Shaw. The property is in Enclave Office Park, which is south of the intersection of Eldridge Parkway and Interstate 10.
Building owner Piedmont Office Realty Trust was represented in the lease transaction by David Baker and Eric Anderson of Transwestern. Bill Bosack and Wendi Little of GFM Real Estate represented Shaw in the deal.
Shaw is a Fortune 500 company with $5.7 billion in annual revenue. For more information see: http://www.houstonrealtyadvisors.com/ or http://www.houstonrealtyadvisors.net/