Insight

Growing Supplier Leases 58,920 SF of US Headquarters Space

January 13, 2014

HOUSTON, TEXAS – January 13, 2014 – The Houston office of Cresa, North America’s largest tenant representation firm, recently represented NDT Systems & Services LLC (“NDT”) in the relocation of their North American headquarters to a 58,920-square-foot facility in Houston, Texas. NDT is a leading supplier of ultrasonic pipeline inspection and pipeline integrity management services. The new headquarters at World Houston International Business Center 12, located at 15500 International Plaza Drive in Houston’s North Hardy Toll Road submarket, will support NDT’s growing U.S. based operations.

 

“We are extremely pleased with the Cresa team in addressing our facility needs. NDT is experiencing solid growth in the North America region, with increased customers and revenues, leading us to invest in technology, staff, and facilities. The new Houston facility and location fit excellently with our future plans,” says Vineet Puri, Chief Financial Officer, Americas for NDT.

 

“NDT challenged us to find and relocate them into a single tenant building that they could be proud to call their headquarters, under compelling terms. At the end of the day, NDT was also able to create a workspace that reflected their corporate philosophy, and was close to major freeways and amenities,” adds Sue Rogers, a managing principal with Cresa. She continues, “Ultimately, we were able to decrease NDT’s overhead and provided NDT a collaborative, headquarters office reflecting their new image.”

 

The pipeline services company, which is relocating from 2835 Holmes Road in the South Hwy 35 submarket, was advised by Sue Rogers and Steven Heal of Cresa Houston, and was supported in Project Management by Troy Malish. Rives Nolen of Insite Commercial Real Estate represented the landlord, EastGroup Properties, Inc.

 

About Cresa

Cresa is an international corporate real estate advisory firm that exclusively represents tenants and specializes in the delivery of fully integrated real estate services, including: Transaction Management, Project Management, Corporate Solutions, Portfolio Strategies, Location Planning, Lease Administration, Capital Markets, Mission Critical Solutions, and Facilities Services. With more than 58 offices, Cresa is the largest tenant representation firm in North America. Through its partnership with Savills, one of the world's largest commercial real estate services firms; Cresa covers more than 173 locations in 40 countries. For more information, visit www.cresa.com.

 

About NDT Systems & Services LLC

NDT Systems & Services is a leading supplier of ultrasonic pipeline inspection and pipeline integrity management. The company counts about 500 specialists based in Germany (Stutensee near Karlsruhe), the United States (Houston, Texas), Canada (Nisku near Edmonton), Mexico (City), Russia, the Middle East (Dubai) and Singapore. Its state-of-the art inspection fleet provides the entire inspection service spectrum for onshore and offshore pipelines worldwide with a vast experience of operating in challenging conditions with regard to climate and geographical surroundings. A skilled engineering and project management team, complemented by the best data analysis team in the industry, has inspected and analyzed millions of kilometers of pipelines worldwide.

 

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