Fifth Company to Open Headquarters at Generation Park

Leading Coiled Tubing Provider Global Tubing, LLC to Move Global Headquarters to Lake Houston’s Economic Center, Generation Park

HOUSTON (January 29, 2018) – McCord Development, Inc., sole owner and developer of Generation Park, announces Global Tubing, LLC as the latest company to open a headquarters in 250 Assay St., at Generation Park. Global Tubing, owned by Houston-based Forum Energy Technologies (NYSE: FET), is a global leader in coiled tubing services and products. Global Tubing’s manufacturing operations will continue at its manufacturing facility in Dayton, Texas.

Generation Park is a 4,000-acre commercial development located at the center of the Lake Houston community in northeast Houston. 250 Assay St., a Class A mixed-use office building located in Redemption Square, Generation Park’s vibrant lifestyle center, opened in June 2017 and features four floors of office space and one floor of retail. Global Tubing has leased 6,355 square feet of Class A office space on the third floor of 250 Assay St. for its global corporate headquarters. Global Tubing is expected to occupy its new office space at Generation Park in the first quarter of 2018.

“We are thrilled to welcome Global Tubing to Generation Park,” said Ryan McCord, president of McCord Development. “We are happy to offer Global Tubing a world-class office space in an institutional setting reflective of its brand. The move to the Lake Houston region will give Global Tubing employees access to Generation Park’s lifestyle district Redemption Square, great schools, new and established master-planned neighborhoods and an abundance of outdoor recreational activities.”

Additional headquarters at 250 Assay St. include McCord Development, Inc. and Apache Industrial Services. Generation Park is also home to TechnipFMC’s 173-acre campus, Stolt-Nielsen Limited’s future corporate campus and GHX Industrial’s headquarters and industrial facility at Lockwood Business Park, the development’s 25-acre industrial business park.

Current leasing opportunities at 250 Assay St. at Generation Park include 11,316 square feet of office space and two retail spaces at 7,677 square feet and 2,725 square feet, respectively. For more information about Generation Park and current leasing opportunities, contact sales@generationpark.com or call 713.860.3100.

About Generation Park:

Generation Park is a 4,000-acre, master-planned enterprise park in Houston, Texas. Located on the northeast corner of Beltway 8, Generation Park is an innovative business and lifestyle destination. The location offers five beltway intersections, 2.5 miles of beltway frontage, more than 21 miles of major thoroughfares and convenient access to all major land, air and sea transportation corridors in Houston. Home to 174 million square feet in innovative future developments, Generation Park is Houston’s new business destination. For more information, please visit generationpark.com.