Houston, TX, February 3, 2021 – NAI Partners today announced that it represented Ring Energy, Inc., in its 16,000-sq.-ft. headquarters relocation to 1725 Hughes Landing Blvd in The Woodlands, Texas. The company’s corporate headquarters was previously located in Midland, Texas.
NAI Partners’ Charlie Neuhaus and Harry Holmes, Partners in the firm’s Office Tenant Rep Group, represented Ring Energy in the transaction. The sublandlord was represented by Jerrod McQuain of JLL.
“We are implementing a new strategic vision for Ring and relocating our headquarters to The Woodlands is one of the key first steps in this process,” said Paul D. McKinney, Ring’s Chief Executive Officer and Chairman of the Board. “Increasing our accessibility to the diverse and experienced energy workforce in the greater Houston area was among our key objectives, and this move meets that important goal.”
“We were excited to be able to partner with Ring Energy to help them carry out a key component of their strategic plan, and it’s also an encouraging sign for our market to see a longstanding Texas-based oil and gas company relocate its corporate headquarters to the Greater Houston area,” said Mr. Neuhaus.
Ring Energy, Inc. is an oil and gas exploration, development, and production company with current operations focused on the conventional development of its Permian Basin assets in West Texas and New Mexico. For additional information, please visit www.ringenergy.com.
For more information about this transaction at 1725 Hughes Landing or other NAI Partners’ leases, please contact Larry Koestler, Senior Vice President of Marketing & Communications, at 713.629.0500.
About NAI Partners
NAI Partners is one of the top 5 largest privately held and independently owned commercial real estate services firms in the state of Texas. NAI Partners was founded and is headquartered in Houston and has offices in San Antonio and Austin; offers the geographic expertise to complete real estate transactions throughout the state; and can leverage the power of the NAI Global network to arrange deals in any location around the world. NAI Partners employs more than 150 real estate professionals, and arranges more transactions than any of its competitors, completing over 700 commercial lease and sale arrangements every year. NAI Partners is a full-service firm offering client leasing and sales solutions in the areas of Office Tenant Representation, Office Project Leasing, Industrial Tenant Representation, Industrial Project Leasing, Retail Tenant Representation, Retail Project Leasing, Landlord Services, Property Management, Investment Sales, Valuation and Advisory Services, Partners Facilities Services (PFS), and Project Management, among other lines of business. The company also has an investment fund platform called Partners Capital, and a development vehicle called Partners Development, both of which are wholly owned subsidiaries of NAI Partners. NAI Partners is the top Houston-based full-service commercial real estate firm on the Inc. 5000 list of fastest-growing private companies in America; the 5th-largest Houston-Area Commercial Real Estate Brokerage and #1 Mover of Square Feet among leasing and sales brokerages in Houston per the Houston Business Journal; the only commercial real estate firm on the Houston Business Journal’s Mid-Market 50 list; a top 12 largest San Antonio Commercial Real Estate Brokerage per the San Antonio Business Journal; and a top 20 Property Management Firm by square feet under management in Houston per the Houston Business Journal. NAI Partners has been named a Best Place to Work by the Houston Chronicle, Houston Business Journal and Austin Business Journal; and is among the University of Houston’s Cougar 100 Fastest-Growing Companies. Visit us on the web at www.naipartners.com.