Clearly worn down by the prospect of dealing further with the Harris County Commissioner’s Court, ChevronTexaco announced yesterday that it had closed the deal to buy the former Enron Building in downtown Houston. In light of the County’s recalcitrance, I suspect that the seller threw come additional consideration to ChevronTexaco to get the deal done.
As noted in this earlier post on the matter, this closing frees Harris County taxpayers from having to deal with Commissioner Steve Radack’s delusions about having the County buy the building.