“Transforming a Former Schlumberger Plant into a Mixed-Use Development: A Developer’s Project”

"Transforming a Former Schlumberger Plant into a Mixed-Use Development: A Developer's Project"

Market Square Cos. and Tenon Property Co. have announced plans to redevelop a former Schlumberger campus into a vibrant mixed-use project called Ashford Yard. The 12.7-acre district, located at the intersection of South Dairy Ashford Road and Briar Forest Drive in Houston, will feature 90,000 square feet of retail space, restaurants, entertainment options, office space and 350 apartments.

The two companies have joined forces to bring this project to life after acquiring the site from Schlumberger Ltd., which vacated its offices during the Covid pandemic. Along with purchasing the former Schlumberger buildings on site (a 155,324-square-foot office building and a 12

About the Publisher:
Steve Griffin is based in sunny Palm Harbor, Florida. He’s an accountant by profession and the owner of GRIFFIN Tax and REVVED Up Accounting. In addition, Steve founded Madison Avenue Technology. With a strong passion for commercial real estate, he’s also dedicated to keeping you up to date with the latest industry news.

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