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This Texas Office Tower Is More Than Just Extra Space Chevron Is Shedding. It Signals More Energy Property Sales Ahead.

Cushman & Wakefield To Market Houston Building
Noble Energy Center I is being marketed by Cushman & Wakefield, while the adjacent Noble Energy Center II is owned by a separate entity. (CoStar)
Noble Energy Center I is being marketed by Cushman & Wakefield, while the adjacent Noble Energy Center II is owned by a separate entity. (CoStar)

At first glance, the 10-story glass office building Chevron Corp. is shedding in northwest Houston might seem like just another attempt to raise money in the pandemic. But to those familiar with commercial real estate, it's a sign of more expected energy industry property consolidation across the country, particularly in Texas.

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