Oil and gas company relocating Denver office from Upper Downtown to LoDo

Oil and gas giant EOG Guidance has signed paperwork to move its Denver office from Upper Downtown to LoDo The Houston-based community company a spinoff of the infamous Enron Corp has leased square feet at th St just a block from Union Station according to masses records The -year-long lease will commence at the start of with two five-year renewal options when the term expires in June the documents state The -square-foot building in the present known as Millennium Financial Center will be renamed the EOG Tools Building EOG declined to comment The lease memorandum is dated July two days after BusinessDen communicated the deal was in the works It is one of downtown s largest leases this year The move will be a downsizing for EOG The company presently has about square feet in the Dominion Towers office complex at th St Its lease there comprises about a quarter of the building and expires at the end of next year Related Articles Average long-term US mortgage rate slips to nearing a low for Denver developer plans M mixed-use project in former s nurses dormitory Denver council rejects proposal to buy a shuttered downtown auto shop to develop affordable housing weeks free and an Ikon Pass Denver landlords ramp up concessions Oil exec sells Avon ski-in mansion for M to Lumber owner The oil and natural gas producer was founded in It raked in billion in revenue last year and has a field capitalization of nearly billion The six-story -year-old Millennium Financial Center was the longtime home of law firm Davis Graham Stubbs which moved to RiNo last year Fortis Bank which operated on the first and second floors for years has taken space in the Denver Tech Center and no longer lists the building on its website its signage has been removed from the property JLL which is marketing the building s office space for lease lists the only vacancy on the second floor spanning square feet EOG s lease allows it to take that space through Permitting records show the building s owner LPF Millennium Financial Center LLC is spending million to remodel the lobby and an additional on exterior building work Read more from our partner BusinessDen Get more business news by signing up for our Business sector Now newsletter