(HOUSTON) – Hines, the international real estate firm, announced today Simmons & Company International | Energy Specialists of Piper Jaffray (“Simmons”) has signed a long-term lease for approximately 31,000 square feet at 609 Main at Texas, a 48-story, 1,073,075-square-foot office tower in downtown Houston. The firm will move to the new building this fall.
Designed by the internationally recognized architectural firm Pickard Chilton, the project's north and south façade extend skyward, culminating in a dramatic diagonal crown, creating a new, highly visible downtown landmark. The property is pre-registered LEED®, and is expected to attain Platinum in the coming weeks.
Amenities at the vertically integrated campus include a "hotel-style" lobby with a café and spaces for networking; a 7,000-square-foot high-performance fitness center and 8,000-square-foot conference center; full-height windows allowing for an abundance of natural light throughout the building; a sophisticated underfloor HVAC system; and private roof gardens in select tenant spaces.
Hines Managing Director Philip Croker said, “We are thrilled to expand on the Hines relationship with Simmons. Piper Jaffray has a prominent presence in our River Point building in Chicago, and we are very proud that Simmons has chosen 609 Main for their new office space.”
Hines Senior Managing Director John Mooz added, “Adding one of the largest and most experienced energy investment banking teams in the industry to the tenant roster is truly an honor for the firm.”
Simmons Managing Director and Co-head of Energy Investment Banking Fred Charlton said, “It was important to us that we selected a flagship building offering the top amenities for not only our clients but also our employees. We are thrilled to be moving into 609 Main and starting a new chapter in Downtown Houston.”
Lou Cushman and Tim Relyea with Cushman & Wakefield brokered the deal on behalf of the tenant, while Michael Anderson and Damon Thames with Colvill Office Properties represented Hines.
With this lease, 609 Main at Texas stands at over 64 percent leased. Other notable tenants include Kirkland & Ellis LLP, Orrick, Hogan Lovells, McKinsey & Company, Russell Reynolds Associates, and United Airlines in addition to several transactions in progress.
About Simmons & Company International | Energy Specialists of Piper Jaffray
Simmons & Company International® | Energy Specialists of Piper Jaffray® is a leading financial advisory group serving our global energy client base from multiple locations. Our team covers the entire spectrum of the energy industry and our clients range from small private companies to large public entities. Now a part of Piper Jaffray, the core Simmons team remains intact, equipped with a broader range of service offerings for clients. In addition to our core specialties of advising on mergers and acquisitions and raising debt and equity capital, we partner closely with our debt capital markets, financial restructuring and private placement teams to deliver advisory solutions spanning the entire recapitalization spectrum.
Piper Jaffray Companies (NYSE: PJC) is a leading investment bank and asset management firm. Securities brokerage and investment banking services are offered in the U.S. through Piper Jaffray & Co., member SIPC and FINRA; in Europe through Piper Jaffray Ltd. and Simmons & Company International Limited, authorized and regulated by the U.K. Financial Conduct Authority; and in Hong Kong through Piper Jaffray Hong Kong Limited, authorized and regulated by the Securities and Futures Commission. Asset management products and services are offered through five separate investment advisory affiliates—U.S. Securities and Exchange Commission (SEC) registered Advisory Research, Inc.; Piper Jaffray Investment Management LLC, PJC Capital Partners LLC and Piper Jaffray & Co.; and Guernsey-based Parallel General Partners Limited, authorized and regulated by the Guernsey Financial Services Commission.
Hines is a privately owned global real estate investment firm founded in 1957 with a presence in 201 cities in 24 countries. Hines has approximately $111 billion of assets under management, including $60 billion for which Hines provides fiduciary investment management services, and $51 billion for which Hines provides third-party property-level services. The firm has 108 developments currently underway around the world. Historically, Hines has developed, redeveloped or acquired 1,295 properties, totaling over 422 million square feet. The firm’s current property and asset management portfolio includes 506 properties, representing over 210 million square feet. With extensive experience in investments across the risk spectrum and all property types, and a pioneering commitment to sustainability, Hines is one of the largest and most-respected real estate organizations in the world. Visit www.hines.com for more information.