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MUSTANG ENGINEERING RENEWS 248,872 SF OFFICE LEASE IN HOUSTON’S ENERGY CORRIDOR

Houston, TX – September 13, 2010 – (RealEstateRama) — Mustang Engineering, LP, has renewed a 248,872 square foot office lease at Ten West Corporate Center II, which is located at 17404 Katy Freeway in Houston’s Energy Corridor. Steve Hesse and Sanford Criner of CB Richard Ellis represented Mustang in this transaction. A private real estate fund is the landlord of the property and was represented by Joel DeSpain of Joel DeSpain Commercial Real Estate Services, LCC.

Mustang provides services to the global oil, gas, chemical and manufacturing industries, specializing in design, engineering, procurement, project management and construction management and offers these services through its five business units: upstream oil and gas, pipeline, automation and control, refining and petrochemicals, and process & industrial. Mustang’s ECO Solutions™ group provides environmentally-oriented engineering and construction services to the LNG, carbon management, renewable fuels and power, and water resources markets. Mustang, a Wood Group company, has offices in the United States, United Kingdom, India, Malaysia and the Middle East. For more information, visit www.mustangeng.com.

About CB Richard Ellis
CB Richard Ellis Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services firm (in terms of 2009 revenue).  The Company has approximately 29,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through more than 300 offices (excluding affiliates) worldwide. CB Richard Ellis offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting. Please visit our Web site at www.cbre.com.

Robin Black | Media Relations Manager
CB Richard Ellis | Marketing Services
2800 Post Oak Blvd., Suite 2300 | Houston,Texas 77056
T 713 577 1742 | F 713 577 1677 | C 713 828 2661
robin.black (at) cbre (dot) com | www.cbre.com

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CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (based on 2018 revenue). The company has more than 90,000 employees (excluding affiliates) and serves real estate investors and occupiers through more than 480 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services.

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