Intelligent Real Estate Investments - Hines

Orrick Signs Lease at 609 Main at Texas

Hines, the international real estate firm, announced today that Orrick, Herrington & Sutcliffe LLP (Orrick), the international law firm, has signed a 12-year, 56,731-square-foot lease at 609 Main at Texas, the new downtown office tower developed by Hines. Located at the corner of Main and Texas streets in downtown Houston, the 48-story, 1,050,000-square-foot office tower designed by the internationally recognized architectural firm Pickard Chilton, will be completed in early 2017.

Orrick launched its Houston office in early 2016 and will relocate to 609 Main at Texas in mid-2017. The firm was represented in lease negotiations by Charles Gordon, Paul Penland, and Stephen Bay with CBRE. Michael Anderson and Damon Thames with Colvill Office Properties represented Hines.

Hines Senior Managing Director John Mooz said, “We are excited to welcome Orrick, not only to Houston, but to 609 Main at Texas. We believe this dynamic building will be a great fit for the dynamic firm.”

“We are thrilled to build Orrick’s Houston office with a world-class team of lawyers in a world-class building,” said Carlos Treistman, Orrick’s Houston Office Leader.

With this lease, 609 Main at Texas stands at 50 percent committed. Other notable tenants include Kirkland & Ellis LLP and United Airlines.

Orrick is an international law firm focused on serving the energy & infrastructure, technology and finance sectors. The firm has 25 offices across the United States, EMEA and Asia. Since the firm announced its Houston office in January 2016, its Houston team has grown to 42 lawyers, with a focus on energy & infrastructure, corporate/M&A, Latin America, commercial litigation and intellectual property and public finance.

Hines is a privately owned global real estate investment firm founded in 1957 with a presence in 182 cities in 20 countries. Hines has $89.1 billion of assets under management, including $42.5 billion for which Hines provides fiduciary investment management services, and $46.6 billion for which Hines provides third-party property-level services. The firm has 109 developments currently underway around the world. Historically, Hines has developed, redeveloped or acquired 1,126 properties, totaling over 351 million square feet. The firm’s current property and asset management portfolio includes 457 properties, representing over 193 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.