January 03, 2019
Houston – Transwestern today announces New York City-based coworking company Bond Collective is opening its first Houston location with a 25,871-square-foot lease on two floors at Pennzoil Place. Transwestern’s Executive Vice President Eric Anderson and Senior Vice President Tyler Garrett provided leasing services on behalf of the building owner, Metropolis Investment Holdings Inc. Bond Collective is represented nationally by Cushman & Wakefield’s Senior Director Christine Colley and Senior Associate Nicholas Woodhull out of New York. The team worked with Cushman & Wakefield’s Houston experts Executive Director Morgan Relyea Colt and Senior Associate Emily Howard Wilson on the transaction.
“We could not be more pleased to welcome Bond Collective to Pennzoil Place,” said Garrett. “With a high focus on curated design, Bond Collective will be able to take advantage of over 20-foot ceiling heights on the first floor, creating a dramatic entry point to its space that will serve to activate the lobby with vibrant architectural design.”
Bond Collective carefully curates boutique environments that provide an unmatched work experience. Specializing in hospitality and design, every amenity, conference room, and staff member is a resource that enables members and their businesses to thrive. Bond Collective will soon be opening new locations in Brooklyn, Philadelphia, Nashville, Chicago, Austin and Washington, D.C., as well as Houston. Across the country, Bond’s curated locations authentically represent its larger surrounding communities while maintaining a quiet sense of luxury.
Transwestern leases and manages the iconic 1.4 million-square-foot, Class A high-rise at 711 Louisiana. Pennzoil Place was designed by renowned architect Philip Johnson. The property, which has achieved numerous awards, brought worldwide recognition to Houston. Recently, the building was named the “Most Intelligent Office Building Project” in the 16th annual Commercial Real Estate Digital Innovation Awards ("Digie") competition presented by Realcomm and IBcon. In 2016, the LEED® Gold building was named “The Outstanding Building of the Year” by BOMA’s Houston Chapter and re-certified for LEED Gold® under the Dynamic Plaque platform.
Pennzoil Place has an on-site, full-service fitness facility and is in proximity to Houston’s Theatre District, as well as offering direct access to Houston’s underground tunnel system. Existing tenants at the property include Bracewell, Cheniere and Opportune.
ABOUT Bond collective
Bond Collective carefully curates boutique environments that provide an unmatched work experience. Specializing in hospitality and design—every amenity, conference room, and staff member is a resource that enables our members and their businesses to thrive. Our diverse locations authentically represent their larger surrounding communities while maintaining a quiet sense of luxury, allowing you and your work to take center stage. Entrepreneurs, professionals, and global businesses like that of Oliver Wyman, Oppenheimer Funds, and Dwell use flexible workspaces at Bond Collective to build their business without distractions. To learn more about Bond Collective, visit www.bondcollective.com.
ABOUT METROPOLIS INVESTMENT HOLDINGS INC.
Chicago-based Metropolis Investment Holdings Inc. owns among its U.S. assets a collection of iconic, Class A office towers located in the central business districts of Houston, Dallas, Philadelphia, Chicago, and San Francisco. Additional investment real estate holdings include hotel interests, a downtown retail mall, multiple parking facilities and urban developable land.
Transwestern is a privately held real estate firm of collaborative entrepreneurs who deliver a higher level of personalized service – the Transwestern Experience. Specializing in Agency Leasing, Asset Services, Occupier Solutions, Capital Markets and Research, our fully integrated global enterprise adds value for investors, owners and occupiers of all commercial property types. We leverage market insights and operational expertise from members of the Transwestern family of companies specializing in development, real estate investment management and research. Transwestern has 33 U.S. offices and assists clients from more than 219 offices in 37 countries through strategic alliances with France-based BNP Paribas Real Estate and Canada-based Devencore. Experience Extraordinary at transwestern.com and @Transwestern.
About Cushman & Wakefield
Cushman & Wakefield (NYSE: CWK) is a leading global real estate services firm that delivers exceptional value by putting ideas into action for real estate occupiers and owners. Cushman & Wakefield is among the largest real estate services firms with 48,000 employees in approximately 400 offices and 70 countries. In 2017, the firm had revenue of $6.9 billion across core services of property, facilities and project management, leasing, capital markets, valuation and other services. To learn more, visit www.cushmanwakefield.com or follow @CushWake on Twitter.