Oil company doubles Houston office space

In response to the recent boom within the oil and gas industry, Texas-based Peregrine Petroleum has moved its operations to new, state-of-the-art Houston office space.

The company has almost doubled the amount of office space per square foot from what it current occupies - a leap from 3,368 square foot in the Westchase District to 6,063 square foot in AIG's America Tower.

The space, acquired within the 49-storey business complex, was completed by architecture firm Gensler, by drawing on the same elements used in the company's Dallas offices. The complementary design, according to Gensler, was to provide a visual continuity between the office spaces.

"Our employees and visitors in Houston are thrilled with our new space," says Michael B. Wisenbaker Jr., Peregrine's president. "America Tower is one of the top locations in the city based on the many nearby amenities and downtown access. Gensler did a fantastic job continuing the look and feel of our Dallas offices in our new Houston space. Everyone here feels as if we are in the same office, which helps bring our company closer together."

Recent interest in office space in Downtown Houston has revealed it as a serious growth city.

Peregrine Petroleum's property portfolio has expanded steadily, with operations also maintained in Williston Basin, North Daktoka; and Permian Basin, West Texas.

Peregrine's new Houston office space was brokered by Chad Baker, senior vice president and national director for the international real estate services firm Jones Lang LaSalle.