(HOUSTON) – Property manager Hines announced today the following lease renewals at 1100 Louisiana, a 55-story office building which is currently 98 percent leased and is located in downtown Houston.
King & Spalding renewed its lease for 116,732 square feet of office space.
The law firm, which has been a tenant in the building since 1995, was represented in lease negotiations by Tim Relyea of Cushman & Wakefield of Texas Inc.
Vitol Inc. renewed its lease for 31,672 square feet expanding by 11,328 square feet, making their total leased space on the premises 43,000 square feet.
The oil and gas energy company, which has been a tenant in the building since 1997, was represented in lease negotiations by Trey Strake and Chris Oliver of Cushman & Wakefield of Texas Inc.
Chrissy Wilson, Paula Bruns and Mark Janssen of Hines represented the landlord in both transactions.
Hines is a privately owned real estate firm involved in real estate investment, development and property management worldwide. The firm’s historical and current portfolio of projects that are underway, completed, acquired and managed for third parties includes more than 1,100 properties representing approximately 454 million square feet of office, residential, mixed-use, industrial, hotel, medical and sports facilities, as well as large, master-planned communities and land developments. With offices in more than 100 cities in 17 countries, and controlled assets valued at approximately $25.8 billion, Hines is one of the largest real estate organizations in the world. Hines is also a world leader in sustainable real estate strategies, with extensive experience in LEED®, ENERGY STAR®, BREEAM in the United Kingdom, France’s Haute Qualité Environnementale and with the German Sustainable Building Council. Visit www.hines.com for more information.