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Chevron's Multibillion-Dollar Deal With Noble Energy Could Hurt Houston Office Market

Chevron to Inherit Big Block of Sublease Space Once Deal Closes
Noble Energy had already put this 430,000-square-foot office tower in Northwest Houston on the sublease market prior to the announced deal with Chevron. (CoStar)
Noble Energy had already put this 430,000-square-foot office tower in Northwest Houston on the sublease market prior to the announced deal with Chevron. (CoStar)
CoStar News
July 20, 2020 | 9:25 P.M.

Chevron Corp.’s $5 billion acquisition of Noble Energy could lead to further shakeups in the office market in Houston where they both own or lease millions of square feet of space.

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