Out in Discount Land

OUT IN DISCOUNT LAND Former Halliburton unit PathFinder Energy Services, now a part of Smith International, is building a new $20-million, 225,000-sq.-ft. tilt-up campus on 25 acres in Katy. “The center will be located near the northwest corner of Colonial Parkway and the Grand Parkway, next to the highly visible, 800,000-square-foot 99 Cents Only warehouse along Interstate 10. PathFinder’s site is across I-10 from where Houston-based KBR Inc. planned to build 900,000 square feet of office space to house most of its 4,500 local employees. The KBR project, which would have extended the Energy Corridor farther west, has been put on hold for economic reasons. PathFinder intends to consolidate hundreds of employees from four buildings it leases in Northwest Houston into the Katy-area site, which was acquired in December 2007 from an Interfin Cos. partnership.” [Houston Business Journal]