Perdure Petroleum Enlarges Footprint in Consolidation
Perdure Petroleum LLC has leased 17,212 square feet in the Office Campus at Allen to relocate and expand its headquarters. The oil and gas company will move in the fourth quarter to 1101 Central Expressway South in Allen, consolidating its Dallas and Houston operations and backfilling the office property’s only vacancy.
“The timing couldn’t have been better from the landlord’s perspective,” said Jared Laake, VP of Bradford Commercial Real Estate Services. “We had only two months’ down time between tenants on that space.”
Laake and Bradford EVP Susan Singer lease the Office Campus at Allen for the landlord of record, 1101 SCE LLC. JE Commercial Realty president Jan Elwell represented Perdure.
The Office Campus at Allen is a two-building project with unobstructed views of South Central Expressway. Thanks to the new lease, the 56,838-square-foot structure will remain fully occupied. Its sister building, totaling 48,048 square feet, is 90% leased.
Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces.
Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications.
Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).