Cousins Properties (NYSE: CUZ) has executed an early lease and expansion with Apache Corporation for a total of 328,000 square feet at its Briarlake Plaza property in Houston.  Apache, a Fortune 500 energy company, will relocate its global headquarters to the property, where it currently leases 210,000 square feet. That lease was set to expire in late 2024.  The new lease will expire in 2038.  Apache is expected to occupy its expansion space by early 2024. Their current headquarters is Houston’s Post Oak Central.

Cousins acquired Briarlake Plaza through the acquisition of TIER REIT Inc. in 2019.  The two building property offers on-site dining amenities and fitness and conferences centers.

“We are excited to move our corporate headquarters to Briarlake Plaza,” said Apache’s Mark Maddox, “The customized space we will build out at Briarlake will facilitate employee connection, reduce drive times for the majority of our employees, and enhance the employee workplace experience.”