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(HOUSTON) – Transwestern’s Houston headquarters has announced that it has been retained by Shorenstein Properties LLC as the exclusive leasing agent for 800 Bell, a 1.2 million-square-foot office tower in Houston’s Central Business District. The property includes a 45-story office tower and a seven-story parking garage covering two city blocks on the corner of Travis and Bell Streets.
800 Bell was built in 1962 as the headquarters of Humble Oil & Refining Company, a predecessor to ExxonMobil. ExxonMobil will vacate the building in 2015, giving Shorenstein the opportunity to deliver significant improvements via an extensive redevelopment, details of which will be released soon.
With the high-quality office space to be newly constructed, 800 Bell offers an exciting opportunity in the CBD with its unique corporate identity on the Houston skyline and one of the largest blocks of contiguous space offered in Houston in more than 30 years.
“We are very excited about this unique opportunity,” said Transwestern’s Eric Anderson, executive vice president. “It is not very often that we can be a part of something as significant as enhancing the downtown Houston skyline. Shorenstein has a reputation for delivering successful signature redevelopment projects, such as Market Square in San Francisco, which includes the headquarters of Twitter, Yammer and One Kings Lane. We are excited to see what Shorenstein has in store for 800 Bell and downtown Houston.
Anderson, David Baker, executive vice president, and Paul Wittorf, vice president, will market and lease the property.
ABOUT SHORENSTEIN PROPERTIES LLC
San Francisco-based Shorenstein Properties LLC (www.shorenstein.com) is one of the oldest and most successful private real estate investment companies active throughout the United States in the acquisition, development, ownership and management of office and mixed-use properties. Since it’s beginning in 1924, the company has evolved from a regional real estate operating company to an active national investor and manager of commingled institutional capital. Shorenstein provides asset management, leasing, property management and construction services to the properties in its portfolio through its wholly owned property services affiliate, Shorenstein Realty Services.
ABOUT TRANSWESTERN
Transwestern is a privately held real estate firm specializing in agency leasing, property and facilities management, tenant advisory, capital markets, development, research and sustainability. The fully integrated enterprise leverages competencies in office, industrial, retail, multifamily and healthcare properties to add value for investors, owners and occupiers of real estate. Transwestern facilitates better decision-making for clients by combining penetrating local market intelligence and macro-market research through its affiliate, Delta Associates. Transwestern has 33 U.S. offices and assists clients through more than 180 offices in 36 countries as part of a strategic alliance with Paris-based BNP Paribas Real Estate. For more information, please visit www.transwestern.net and follow us on Twitter: @Transwestern. Follow Transwestern’s Houston office on Twitter: @TranswesternHOU.
