Texas CRE News In Your Inbox.
Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.
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. 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.
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.
- ◦Sale/Acquisition
