Royal Dutch Shell affiliate SWEPI LP has sold its former Appalachian basin headquarters to XTO Energy Inc. for about $3.7 million.
The acquisition allows XTO to consolidate its regional headquarters into a single building at Thorn Hill Industrial Park – its currently housed in two there, said XTO spokeswoman Suann Guthrie.
According to Shell, its former headquarters has about 30,400 square feet sitting on 12.3 acres.
XTO is to move into its new digs by the end of Q1 2015, Guthrie said.
Source: Pittsburgh Business Times