Upstream energy co. inks lease in former CB&I HQ in The Woodlands

The Howard Hughes Corp. (NYSE: HHC) has found a tenant for the former CB&I headquarters that it acquired earlier this year.

Arena Energy signed an 87,231-square-foot lease in Building 1 of the campus, now called Lake Front North, according to a Howard Hughes Corp. press release. The oil and gas producer, which focuses on lower-risk drilling opportunities on the Gulf of Mexico shelf, has been based in The Woodlands since it formed in 1999. Its current headquarters is at 4200 Research Forest Drive.