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71-Story Houston Office Tower Up for Sale
JLL Capital Markets, as the exclusive representative of the owner, is offering for sale a 100% fee simple interest in 1000 Louisiana, a 71-story, 1,721,242-square-foot Class A office tower in Houston’s central business district. A three-time winner of Houston BOMA’s “Building of the Year,” 1000 Louisiana (formally known as Wells Fargo Plaza) is 992 feet tall with 71 stories of tenant floors. The property is co-owned by Metropolitan Life Insurance Co. (MetLife) and the New York State Common Retirement Fund.
At 70.6% occupancy, the Property presents a compelling opportunity to acquire an iconic asset with significant value-add potential. Since its completion in 1983, the Property has been maintained through continuous capital investment.
1000 Louisiana offers tenant amenities, including Club 1000, a fitness facility with luxury locker rooms; the Founder’s Club, an exclusive country club-style tenant lounge; and below-grade and valet parking (1,600 spaces in the 1311 Louisiana garage), accessible via climate-controlled tunnels. Additional services include a full-service bank, car detailing, Adair Downtown, and on-site management.
- ◦Sale/Acquisition
