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Beland Properties has acquired 10001 Six Pines, a 200,000-square-foot, Class A office building in The Woodlands, Texas, a Houston suburb. Chevron Phillips Chemical sold the asset in a deal brokered by JLL.

Completed in 2002, the property served as the global headquarters for the chemicals company. In 2023, the firm acquired an office building 2 miles from 10001 Six Pines and moved in earlier this year, after completing a $60 million capex program. The eight-story building was left vacant.

Located close to Interstate 45 and the city center, the mid-rise is adjacent to the Cynthia Woods Mitchell Pavilion. Downtown Houston is 30 miles south, while George Bush Intercontinental Airport is less than 21 miles away.