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Availabilities AVAILABILITIES SOUTH TOWER NORTH TOWER 711 LOUISIANA 700 MILAM FLOOR 32 - 16,605 RSF FLOOR 29 - 21,382 RSF FLOOR 26 - 21,382 RSF FLOOR 21 - 10,715 RSF FLOOR 19 - 7,707 RSF FLOOR 17 - 4,890 RSF FLOOR 16 - 3,890 RSF FLOOR 14 - 8,348 RSF FLOOR 11 - 10,614 RSF FLOOR 12 - 20,407 RSF FLOOR 10 - 20,346 RSF FLOOR 9 - 20,484 RSF FLOOR 11 - 20,407 RSF FLOOR 8 - 20,531 RSF FLOOR 10 - 9,375 RSF FLOOR 7 - 20,429 RSF FLOOR 9 - 20,407 RSF FLOOR 8 - 20,426 RSF FLOOR 7 - 20,442 RSF FLOOR 6 - 20,458 RSF FLOOR 2 - 20,520 RSF LOBBY - 4 Spaces TUNNEL - 3 Spaces SOUTH TOWER NORTH TOWER LARGEST CONTIGUOUS BLOCK LARGEST CONTIGUOUS BLOCK FLOORS 7-10, Pt. 11: 92,404 RSF FLOORS 6-9, Pt. 10: 91,108 RSF PROPERTY FACTS Address 711 Louisianna (South Tower) | 700 Milam (North Tower) Building Class “A” office property, two (2) thirty-six (36) story towers, totaling 1,421,765 RSF Common Area Factor Approximately 15.0% (multi-tenant floors) / 9.0% (single-tenant floors) Floor Size Approximately 21,500 RSF Lease Rate Negotiable Operating Expenses Estimated 2016 Operating Expenses of $16.10 per rentable square foot Lease Term Negotiable Leasehold Improvement Allowance Negotiable Up to 0.3 spaces per 1,000 square feet leased parking available below the building comprised of 525 spaces. Unreserved $220.00 / Reserved $285.00, plus taxes Parking Up to 1.5 spaces per 1,000 square feet lease parking available in Walker @ Main Garage (tunnel access) comprised of 1,000 spaces. Unreserved $160.00 / Reserved $235.00, plus taxes Year Built 1975 2011 / 2012 / 2013 - $13 million of capital infusion renewing building systems and infrastructure Capital Investment 2014 - $3 million budgeted of capital infusion renewing building systems and infrastructure Architect Philip Johnson Elevators North Tower: Eighteen passenger / One freight South Tower: Eighteen passenger / One freight AMENITIES / LEED Gold Certified and Energy Star rated / Houstonian Lite athletic facility / New Cisco Systems based IP Technology backbone for Tenant IT use / Awarded numerous architectural accolades / Two garages servicing the property comprised of a total of 1,525 spaces / Superior access to Metro and HRT / New tenant bike room located in Pennzoil Place Garage / Lobby / street level retail: Perbacco Italian Restaurant Totally Carpet Office of James Burnett DE Harvey Builders / Immediate tunnel access which includes: Treebeards Starbucks Coffee Shops Down Under - Cards & Gifts Panini Salata Chick-Fil-A Michael’s Cookie Jar Greenworks Flowers Bodard Express Sonic Which Wich / Immediate Neighborhood: Jones Hall for the Performing Arts Morton’s Artista Jones Plaza Alley Theatre Barnaby’s Cafe Houston Club Walker @ Main Garage Massa’s Post Oak Grill Sambuca Cordua Hard Rock Cafe Lancaster Bistro Birraporetti’s Blue Fish Sushi RECENTLY COMPLETED CAPITAL PROJECTS Lighting Retrofit Project New Building Access System A total building retrofit of the bulbs and ballasts The new access system provides first-class resulting in substantial energy savings. controlled access to the property while offering tenants more options in securing their premises and operating after-hours HVAC. Building Automation System Upgrade The new system is a state of the art digitally controlled building automation system. The system New Garage Entry System provides for off-site monitoring and control and The new entry system provides superior controlled it alerts the building operators when the system access to the garage and improved communication deviates from predetermined operational ranges. with the lobby security desk. Fire Alarm System Replacement Chiller Replacements The new fully addressable system expands and The chillers have been replaced by three new Trane improves the fire and life safety coverage of the 1,550 ton chillers and one 1,500 ton chiller with building as to responsiveness and accuracy, further variable speed drives. These chillers are among the complimented by the ability to self diagnose. most efficient in the market and reduce operating costs and repair expenses. Fiber Backbone Installation Pennzoil Place is proud to be the first office Elevator Cabs building in Houston to utilize a fiber optic The elevator cab interiors are currently being backbone for IT communication utilizing Cisco’s upgraded to provide a modern Class “A” elevator “Smart+Connected” buildings framework which travel experience. enhances data communications, physical security and building automation capabilities. This allows for better tenant comfort, quicker Boiler Replacement response times and ability to achieve the highest energy efficiency possible. Original boilers were replaced with six modular condensing boilers. New pumps and motors along with variable frequency drives on the primary and secondary loops provide much tighter and efficient control over the property’s heating system, leading to significant energy savings. Escalator Replacement Original escalators were replaced with the most modern of equipment for superior performance and efficiency. CONTACTS D A V I D L E E 71 3 . 2 7 0 . 3 3 3 5 [email protected] D O U G L I T T L E 7 1 3 . 2 7 2 . 1 2 8 4 [email protected].
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