Venture Global LNG Inc. Expands Lease to 58,514 SF for Two Full Floors
May 11, 2020
Houston – Transwestern Real Estate Services (TRS) announces Venture Global LNG Inc. has extended and expanded its lease by 29,257 square feet at 5 Houston Center, located at 1401 McKinney St. in downtown Houston. The transaction brings the total lease to 58,514 square feet on two full floors. Transwestern provided office leasing services on behalf of the landlord, Spear Street Capital.
“We are excited to expand this tenant, which is able to take advantage of the efficiency of the floorplate, floor-to-ceiling glass and spectacular views over Houston’s premier entertainment venues,” said Senior Vice President, Tyler Garrett. “Venture Global is an exciting user to have in the 5 Houston Center community, and we look forward to finding another great user for the remaining four-floor block we have available at the building.”
5 Houston Center is a 580,875-square-foot, 27-story, Class A office building that underwent a full-scale renovation completed in 2019. The building now offers tenants market-leading amenities including a lobby coffee bar, state-of-the-art fitness center, an exclusive club-level tenant lounge with casual meeting space, and a conference facility for large meeting requirements. The building is located on the energetic side of east downtown Houston with walkability to Discovery Green, George R. Brown Convention Center, Minute Maid Park and the Toyota Center. 5 Houston Center is now 70% leased and has four contiguous floors totaling roughly 120,000 square feet available for lease, with smaller move-in-ready options as well.
JLL’s Beau Bellow and Jay Farmer provided tenant representation services to Venture Global LNG Inc.
About Transwestern Real Estate Services
Transwestern Real Estate Services (TRS) adds value for investors, owners and occupiers of all commercial property types through a comprehensive perspective and by providing solutions grounded in sound market intelligence. Part of the Transwestern companies, the firm applies a consultative approach to Agency Leasing, Asset Services, Occupier Solutions, Capital Markets, and Research & Investment Analytics.
The privately held Transwestern companies have been delivering a higher level of personalized service and innovative real estate solutions since 1978. An integrated approach formed from fresh ideas drives value for clients across commercial real estate services, development, investment management and opportunistic programs for high-net-worth investors. The firm operates through 34 U.S. offices and global alliances with BNP Paribas Real Estate and Devencore. Learn more at transwestern.com and @Transwestern.