HOUSTON-Brookfield Office Properties has selected Cassidy Turley to provide project leasing services for Allen Center, a 3.1-million-square-foot, class A office complex in the CBD. The multi-building development represents the largest new leasing assignment awarded this year to Cassidy Turley's Texas division.
Allen Center includes three office buildings: One Allen Center, which totals 993,000 square feet at 500 Dallas St.; Two Allen Center, which totals 996,000 square feet at 1200 Smith St.; and Three Allen Center, which totals 1.2 million square feet at 333 Clay St. Also in the complex is an on-site food court, tenant support services and a connection to Houston's downtown tunnel system.
Cassidy Turley's executive managing director John Pruitt, along with managing director Eric Siegrist and senior vice president Jessica Ochoa, will lead leasing efforts at Allen Center.
In taking on the assignment, Cassidy Turley will have some space to play with. Last summer, the Houston Business Journal pointed out that Devon Energy Corp. vacated approximately 500,000 square feet in the complex early in 2013 as part of a consolidation move. Furthermore, Hess Corp., another large tenant, left to move into its own building in downtown Houston.
At the time, the HBJ spoke with Paul Frazier, senior vice president of Brookfield Office Properties in Houston, who indicated that a capital improvement plan was in the works for the complex. Frazier also floated the idea of another building on the site, though indicated that a substantial prelease commitment would be necessary before moving forward on that plan.
In the meantime, “we look forward to collaborating with Cassidy Turley's team on leasing efforts for Allen Center,” says Clint Bawcom, vice president of leasing for Brookfield in Houston. “Brookfield will continue to lease the remainder of its eight-million-square-foot Houston CBD portfolio while Cassidy Turley concentrates on this landmark asset.”
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