Chuck Goldstein of CRESA Partners-Houston represented Cohen, Gorman & Putnam in negotiating the long-term lease for a now 74%-leased, 264,885-sf building. He says the firm needed to expand and wanted to lock in long-term flexibility for future growth with a strong ownership.
The 23-year-old building has several other law firm tenants, including Adams & Coffey, Holm McCabe and the office of Victor Blaine. Also, Keais Records Services, a record retrieval firm serving the legal industry is housed in the building.
Doug Little with Houston-based PM Realty Group represented the building owner, KBS Realty Advisors of Newport Beach, CA. Space is advertised at $17 per sf for the 19-story building situated between Main and Fannin streets. KBS owns 3.5 million sf of office, retail and industrial space in the Houston area.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.