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Major Lease Transactions Downtown Houston

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MAJOR LEASE TRANSACTIONS

DOWNTOWN HOUSTON

This is a comprehensive list of publicly available leases in Downtown Houston, including new-to-Downtown, expansions and renewals.

  • Year
  • Company
  • Type
  • To
  • From
  • Square Feet

512,845

(incl. 2019 expansion: 22,301)

Enterprise Plaza (1100 Louisiana)

  • 2020
  • Enterprise Products Partners
  • Renewal

2020 2020 2020 2020 2020 2020 2020 2020 2020

  • JP Morgan Chase
  • New/Relocation

Renewal/Expansion New to Downtown/Sublease Renewal

  • 600 Travis
  • 1111 Fannin
  • 253,230

5 Houston Center (1401 McKinney)
58,514
Venture Global LNG

(Expansion: 29,257

Summit Midstream Partners, LP Mitsubishi International Corporation Cheniere Energy

  • 910 Louisiana
  • The Woodlands
  • 48,632

45,838
33,127
LyondellBasell Tower (1221 McKinney) Pennzoil Place – North Tower (700 Milam) Texas Tower (845 Texas) Bank of America Tower (800 Capitol) Fulbright Tower (1301 McKinney) One Allen Center (500 Dallas)
Expansion
Wells Fargo Plaza (1000 Louisiana)
31,843

  • DLA Piper
  • Relocation/Expansion

Expansion

(Expansion: 6,836)

  • Waste Management
  • 31,750

27,223
24,803
USA: Office of the Comptroller and Office of the Currency
Renewal

  • TPC Group
  • Renewal

Fulbright Tower (1301 McKinney)
2020 2020 2020
AXIP Energy Services Chevron

  • Renewal
  • 24,657

23,699
23,172
Expansion Expansion
1600 Smith

  • Plains All American Refining, L.P.
  • Three Allen Center (333 Clay)

Source: Central Houston, Inc. Updated 08-31-2020.

1

Year

2020 2020 2020 2020 2020 2020 2020

  • Company
  • Type
  • To
  • From
  • Square Feet

20,020
15,641
Lone Star Legal Aid Squire Patton Boggs USA: Office of the Comptroller Rockcliff Energy, LLC Enbridge, Inc.
Renewal Renewal Renewal
500 Jefferson 600 Travis 2 Houston Center (909 Fannin)
14,624
Renewal
1301 McKinney

1100 Louisiana 801 Louisiana 910 Louisiana
14,403
13,021

(Short-Term)

Renewal Renewal Relocation

  • RCP, Inc.
  • 12,245

One Allen Center (500 Dallas)

  • Phelps Dunbar LLP
  • 11,885

Esperson Building (808 Travis)
Relocation/Expansion in same Esperson Building

  • 2020
  • Set Solutions, Inc.
  • New to Downtown
  • 1800 West Loop South
  • 11,480

10,511 8,130
2020 2020 2020 2020 2019 2019 2019
Kirby, Mathews & Walrath, P.L.L.C. Korn Ferry International NGP Energy Capital Jeff Diamant PC

  • building
  • (808 Travis)

  • Relocation in same building
  • 700 Louisiana

LyondellBassell Tower (1221 McKinney)
6,964
Relocation/Expansion

Relocation in same building Renewal
717 Texas 909 Fannin 600 Travis 717 Texas

(Expansion: 1,115)

5,242
134,763 126,000
122,547
Hunton Andrews Kurth LLP

  • Calpine
  • Renewal

Pennzoil Place – North Tower (700 Milam)

  • Bank of America
  • New/Expansion

2 Houston Center (909 Fannin) Hess Tower
2019 2019 2019

  • Direct Energy
  • New to Downtown

Relocation/Sublease Renewal

  • 12 Greenway Plaza
  • 105,578

92,523 91,264
Esperson Building (808 Travis)
EDP Renewables North America LLC King & Spalding
(1501 McKinney) 1100 Louisiana

Source: Central Houston, Inc. Updated 08-31-2020.

2

Year

2019 2019 2019

  • Company
  • Type
  • To
  • From
  • Square Feet

63,429
Spaces [coworking space]
GreenStreet (1201 Main)
New to Downtown New/Expansion Expansion

  • WeWork
  • 609 Main at Texas
  • 63,233

TC Energy Center (700 Louisiana)

  • TC Energy
  • 60,015

57,315
Two Allen Center

(1200 Smith)

(Expansion: 28,962)

  • 2019
  • White & Case LLP
  • Relocation
  • 609 Main at Texas

Three Allen Center (333 Clay)
2019 2019 2019 2019 2019` 2019 2019

  • EnVen Energy
  • Relocation

Renewal
609 Main at Texas 811 Main
57,139 53,435 45,000 43,200
Quorum Business Solutions, Inc. Gensler
2 Houston Center (909 Fannin)
Pennzoil Place (711 Louisiana)
Relocation

  • Renewal
  • United Airlines
  • 1801 Smith

Esperson Building (808 Main)
42,009
Martin, Disiere, Jefferson & Wisdom, LLP Renewal/Expansion

(Expansion: 3,000)

  • Jefferies Group, LLC
  • Renewal
  • 811 Louisiana
  • 40,161

37,681
Life Time Work [coworking space]
GreenStreet (1201 Main)
New to Downtown/Houston Relocation/Sublease Relocation
Younan Square (1010 Lamar)
32,000
2019

2019 2019 2019 2019 2019 2019

  • Ontellus
  • 910 Louisiana

(Expansion: 10,000)

  • Golden Pass LNG
  • 811 Louisiana
  • Allen Center
  • 38,091

Bank of America Tower (800 Capitol)
Enterprise Plaza (1100 Louisiana)
31,257
Shearman & Sterling, LLP

Third Coast Midstream BMO Capital Markets Corp The Square, Hines Squared Smyser Kaplan & Veselka LLP (HQ)
Relocation/Expansion

(Expansion: 8,450)

  • New to Downtown/(Sublease) 1501 McKinney
  • 30,841

Bank of America Center (700 Louisiana)
30,275
Renewal /Expansion

(Expansion: 7,065)

New to Downtown/Houston Relocation/Expansion

  • 717 Texas
  • 27,795

27,795

  • 717 Texas
  • Bank of America Center

(Expansion: 5,407)

Source: Central Houston, Inc. Updated 08-31-2020.

3

  • Year
  • Company
  • Type
  • To
  • From
  • Square Feet

(700 Louisiana)
Netherland Sewell & Associates, Inc. (NSAI)
Fulbright Tower (1301 McKinney) Three Allen Center (333 Clay) Fulbright Tower (1301 McKinney)
2019 2019 2019 2019 2019

  • Renewal
  • 25,453

25,303
25,114
Beacon Offshore Energy MRC Global, Inc.
New
Fulbright Tower (1301 McKinney)
Relocation (Sublease) New (Sublease) New to Downtown Relocation in same building
Distribution International CIMA Energy

  • 601 Jefferson
  • 24,608

24,301
LyondellBasell Tower (1221 McKinney) Total Plaza
100 Waugh
2019 2019 2019 2019

  • Total E&P USA, Inc.
  • 24,213

23,515 23,740
(1201 Louisiana)

  • Stantec
  • New to Downtown/(Sublease) 910 Louisiana

  • Chevron
  • Expansion
  • 1600 Smith

2 Houston Center (909 Fannin)
Bank of America Center (700 Louisiana)
22,627

  • Vorys, Sater, Seymour and Pease LLP
  • Relocation/ Expansion

(Expansion: 5,028)

Enterprise Plaza (1100 Louisiana)
2019 2019 2019 2019 2019 2019 2019 2019
Enterprise Products Partners Hunton Andrews Kurth LLP Weil, Gotshal & Manges LLP William Marsh Rice University PNC Financial Services Group Inc. Zarvona Energy

  • Expansion
  • 22,301

22,088
21,375
20,657

  • Expansion
  • 600 Travis

Bank of America Center (700 Louisiana)
Renewal

  • Renewal
  • 1301 Fannin

Two Allen Center (1200 Smith)
20,197

  • Relocation
  • 609 Main at Texas

1001 McKinney 500 Jefferson 1001 Fannin

(Expansion: 12,197)

  • Renewal
  • 20,001

19,816 19,630
Harris County District Attorney Office Concho Resources, Inc.
Expansion Relocation in same building

Source: Central Houston, Inc. Updated 08-31-2020.

4

Year

2019 2019 2019 2019 2019 2019 2019 2019 2019

  • Company
  • Type
  • To
  • From
  • Square Feet

17,966
17,519

  • Eaton
  • Relocation
  • 601 Travis
  • 600 Travis

Bank of America Center (700 Louisiana)
Kilpatrick Townsend & Stockton LLP Womble Bond Dickinson (US) LLP

Shackelford, Bowen, McKinley & Norton

Nextura Energy
Renewal New to Downtown/Houston New to Downtown/Houston Expansion in same building New to Downtown/Houston Expansion
811 Main 717 Texas 601 Travis
17,273 16,146 15,840 15,639 15,000 14,456 14,147
Wells Fargo Plaza (1000 Louisiana)
Epic Midstream

  • Station Houston
  • 1301 Fannin

  • Relocation
  • 1221 Lamar
  • 1301 Fannin

HUD Houston

Pennzoil Place-South Tower (711 Louisiana)

  • McGinnis Lochridge
  • Relocation
  • 609 Main at Texas

Three Allen Center (333 Clay) One Allen Center (500 Dallas)
2019 2019

  • Savills
  • Relocation

Relocation

  • 609 Main at Texas
  • 13,718

13,658
Two Allen Center (1200 Smith)
Riverbend Oil & Gas
Bank of America Center (700 Louisiana)
2019 2019 2019 2019 2019 2019 2019

  • Bazean Corp.
  • New
  • 13,501

13,487 12,909 12,784 11,987

  • G2X Energy
  • New
  • 600 Travis

One Allen Center (500 Dallas)
Mehaffy & Weber PC KeyBank
Relocation in same building

  • Renewal
  • 600 Travis

Garcia Hamiltion & Associates, LP Schiffer Hicks & Johnson, PLLC Capco Energy Solutions

  • Renewal
  • 1401 McKinney

Bank of America Center (700 Louisiana)
10,875
Renewal /Expansion

Relocation

(Expansion: 4,627)

  • 717 Texas
  • 1221 Lamar
  • 10,145

Source: Central Houston, Inc. Updated 08-31-2020.

5

Year

2019 2019 2019 2019 2019 2019 2019

  • Company
  • Type
  • To
  • From
  • Square Feet

9,488
Pennzoil Place – ST (711 Louisiana) Bank of America Center (700 Louisiana)

  • Kean Miller LLP
  • Renewal

Carlson Capital, LP Hines Construction Services Ruths.ai

  • Renewal
  • 8,774

Relocation Relocation Expansion Relocation Relocation/Expansion

  • 1001 McKinney
  • 1001 McKinney

300 Main
8,604
Main&Co (114 Main) JP Morgan Chase Tower (600 Travis)
8,457
Husch Blackwell, LLP NGP Energy Capital IA Interior Architects
8,410

  • 717 Texas
  • 1401 McKinney
  • 6,964

Pennzoil Place – ST (711 Louisiana) Esperson Building (808 Travis)
Esperson Building (808 Travis)
6,862
2019 2019 2019 2019 2019
Talance Group LP Siltstone Capital Silverman Law Group UiPath

  • Renewal
  • 6,319

6,288 5,953 5,187 5,141

  • Renewal
  • 1801 Smith

  • Renewal
  • 917 Franklin

New to Downtown/Houston Relocation
Main&Co +(114 Main) 600 Travis
One Allen Center (500 Dallas)
Steele Law Group
GreenStreet (1201 Main)

  • 2019
  • MassChallenge
  • New to Downtown/Houston
  • 5,000

Fulbright Tower (1301 McKinney)
2019 2019 2019 2019 2019

  • Atlantic Resources
  • New to Downtown/Houston

Renewal
4,619 4,456 4,288 3,498 3,247

  • Lone Star Legal Aid
  • 500 Jefferson

  • Falcon Minerals
  • New to Downtown

Renewal
609 Main at Texas

  • 1001 McKinney
  • Gulf Coast Geological Log Library

Waterous Energy Fund
Heritage Plaza (1111 Bagby)
Renewal

Source: Central Houston, Inc. Updated 08-31-2020.

6

Year

2019 2019 2019 2019 2019 2019

  • Company
  • Type
  • To
  • From
  • Square Feet

Two Allen Center (1200 Smith)
3,155

  • Suncor
  • Expansion

(Expansion: 2,835)

Spotted Hawk Development BGN International Houston Recovery Center AT Kearney
New to Downtown/Houston New to Downtown/Houston New to Downtown Relocation

  • 1415 Louisiana
  • 3,004

2 Houston Center (909 Fannin)
2,906 2,599 2,398 2,227
500 Jefferson Bank of America Center (700 Louisiana) Two Allen Center (1200 Smith)
1001 McKinney

  • PFM Asset Management
  • Renewal

Pennzoil Place – ST (711 Louisiana)
2019 2019 2019
Arthur D. Little, Inc. Boswell Law Firm Novel Co-Working

  • Renewal
  • 1,669

1,386 1,052
New to Downtown Expansion
1010 Lamar 405 Main

Source: Central Houston, Inc. Updated 08-31-2020.

7

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    HOUSTON OFFICE | Q4 2020 Quarterly Market Report JANUARY 2021 Supply & Demand EXECUTIVE SUMMARY Net Absorption Completions Vacancy 6 24% Vacancy rate ends 2020 at 23.3% 5 21% Millions (SF) The overall vacancy rate in the Houston office market was up 30 basis points quarter-over- 4 18% quarter, and up 220 basis points year-over-year. 3 15% The vacancy rate for Class A properties is at 25.6%, and Class B at 21.7%. In the fourth quarter, overall 2 12% net absorption totaled negative 671,000 sq. ft.— Class A represented negative 717,000 sq. ft. of 1 9% that tally, while Class B registered 86,000 sq. ft. Of the 4.2 million sq. ft. currently under construction, 0 6% 46.0% of that space has been spoken for. Of the -1 3% 21 properties completed in 2020, totaling 1.5 million sq. ft., 45.7% of that space is leased. The -2 0% Q4 Q4 Q4 Q4 Q4 Q4 Q4 Q4 Q4 Q4 Q4 overall Houston average asking full-service rent is 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 at $29.91 per sq. ft.—up slightly from one year ago at $29.80 per sq. ft.—while Class A space in the Central Business District is averaging $43.52 Market Indicators per sq. ft. Current Prior Quarter Year Ago Q4 2020 Q3 2020 Q4 2019 Vacant Total 23.3% 23.0% 21.1% Houston economic indicators Vacant Direct 22.1% 21.8% 19.8% According to the Federal Reserve Bank of Dallas, earlier estimates for metro Houston’s pandemic Available Total 28.0% 27.3% 25.4% job losses were at 353,600 jobs from February Available Direct 25.2% 24.9% 22.9% to April 2020.
  • Major Lease Transactions Downtown Houston

    Major Lease Transactions Downtown Houston

    MAJOR LEASE TRANSACTIONS DOWNTOWN HOUSTON This is a comprehensive list of publicly-available leases in downtown Houston, including new-to-downtown, expansions, and renewals. Year Company Type To From Initial SF JP Morgan Chase Tower 2019 Hunton Andrews Kurth LLP Renewal 134,763 (600 Travis) 2019 Calpine Renewal 717 Texas Ave. 126,000 2 Houston Center 105,578 2019 Direct Energy New to Downtown 12 Greenway Plaza (909 Fannin St.) 2019 King & Spalding Renewal 1100 Louisiana 91,264 Spaces GreenStreet 63,429 2019 New to Downtown [coworking space] (1201 Main) 63,233 2019 WeWork New/Expansion 609 Main at Texas Three Allen Center 57,139 2019 EnVen Energy Relocation 609 Main at Texas (333 Clay St.) Two Allen Center 2019 White & Case LLP Relocation 609 Main at Texas 57,315 (1200 Smith St.) (Expansion: 28,962) 2 Houston Center Pennzoil Place 2019 Gensler Relocation 45,000 (909 Fannin St.) (711 Louisiana St.) Life Time Work GreenStreet 2019 New to Downtown/Houston 37,681 [coworking space] (1201 Main) 2019 Golden Pass LNG Relocation 811 Louisiana St. Allen Center 31,834 Bank of America Tower Enterprise Plaza 2019 Shearman & Sterling, LLP Relocation/Expansion 31,257 (800 Capitol St.) (1100 Louisiana St.) Bank of America Center 2019 BMO Capital Markets Corp Renewal /Expansion 30,275 (700 Louisiana St.) (Expansion: 7,065) Source: Central Houston, Inc. Updated 07-15-2019. 1 Year Company Type To From Initial SF Bank of America Center (700 2019 Smyser Kaplan & Veselka LLP (HQ) Relocation/Expansion 609 Main at Texas 27,795 Louisiana St.) (Expansion: 5,407) Netherland Sewell & Associates, Inc.
  • Tallest Buildings Constructed in 1980-1990

    Tallest Buildings Constructed in 1980-1990

    This PDF was downloaded from The Skyscraper Center on 2018/01/11 UTC For the most up to date version, please visit http://skyscrapercenter.com Building List All Regions, All Companies, 200m+, 1980-1990 Completed Architecturally Topped Structurally Topped Under On Never Proposed Vision Demolished Out Out Construction Hold Completed # Building Name City Height (m) Height (ft) Floors Completed Material Use 1 Bank of China Tower Hong Kong 367.4 1,205 72 1990 composite office 2 U.S. Bank Tower Los Angeles 310.3 1,018 73 1990 steel office 3 The Franklin - North Tower Chicago 306.9 1,007 60 1989 composite office 4 JPMorgan Chase Tower Houston 305.4 1,002 75 1982 composite office 5 Two Prudential Plaza Chicago 303.3 995 64 1990 concrete office 6 Wells Fargo Plaza Houston 302.4 992 71 1983 steel office 7 311 South Wacker Drive Chicago 292.9 961 65 1990 concrete office 8 One Liberty Place Philadelphia 288 945 61 1987 steel office 9 Columbia Center Seattle 284.4 933 76 1984 composite office 10 Bank of America Plaza Dallas 280.7 921 72 1985 composite office 11 Overseas Union Bank Centre Singapore 277.8 911 63 1986 steel office 12 Scotia Tower Toronto 275 902 68 1988 composite office 13 Williams Tower Houston 274.6 901 64 1982 steel office 14 Renaissance Tower Dallas 270.1 886 56 1986 steel office 15 900 North Michigan Avenue Chicago 265 869 66 1989 concrete/steel residential / residential / office / hotel 16 Brookfield Place Toronto 260.9 856 53 1990 composite office 17 Two Liberty Place Philadelphia 258.5 848 58 1990 steel residential / office 18