Namesake Tenant Renews 353,944-Square-Foot Lease at Williams Tower in Houston
26 1月 2018
Dave Hanusa, Bonnie Kelley-Dienna and Jason Presley of CBRE’s Houston office represented the landlord, Invesco Real Estate, a global real estate investment manager. Ronnie Deyo and Beau Bellow of JLL represented the tenant.
Headquartered in Tulsa, Okla., Williams has nearly 700 employees based in the Houston Williams Tower—the highest employee total in any location outside of Tulsa. The company’s subsidiary, Transcontinental Gas Pipeline, has been lead tenant in the 1.5-million-square-foot building since the tower was developed in 1983.
“We are very proud that the Williams Companies elected to continue their long relationship and identity with the building," said Mr. Hanusa. “This lease is a very strong endorsement of the building and its ownership; and confirms that Williams Tower continues to be at the pinnacle of the very best office buildings in Houston.”
“As one of Houston’s largest tenants, Williams has long played a significant role in the city’s economy and the vibrancy of the Galleria. This renewal is a tremendous vote of confidence for the iconic Williams Tower and the submarket as a whole,” said Mr. Deyo. “The company’s commitment to their namesake tower helps ensure the Galleria will continue to be a dynamic place to conduct business for years to come.”
Invesco Real Estate acquired Williams Tower in 2013. The tower is 92.3 percent leased.
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm (based on 2021 revenue). The company has more than 105,000 employees (excluding Turner & Townsend employees) serving clients in more than 100 countries. CBRE serves a diverse range of clients with an integrated suite of services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.