Brookfield Office Properties Sells 1400 Smith Street in Houston to Full-Building Tenant Chevron

NEW YORK--(BUSINESS WIRE)--Brookfield Office Properties Inc. (BPO: NYSE, TSX) today announced the sale of the office tower at 1400 Smith Street in Houston to Chevron, 1400 Smith’s full-building tenant, and a 311,000-square-foot lease renewal with Chevron for seven years at neighboring Continental Center I (1600 Smith Street). The sale price of 1400 Smith was $340 million.