CBRE announces the long-term lease renewal for Houston-based law firm Porter Hedges LLP at 1000 Main in Houston, Texas. The full-service law firm, which represents clients in complex transactions and litigation across a wide range of industries, renewed its 105,026-sq.-ft. office lease in one of downtown Houston’s premier office buildings.
CBRE’s Charles Gordon, Brandon Clarke, Paul Penland and Ryan Roth represented Porter Hedges in lease negotiations with the landlord, 1000 Main LLC, which was represented by Wade Bowlin with PM Realty Group.
“It was imperative for us to create a solution that would help Porter Hedges continue its reputation as one of Houston’s leading law firms,” Mr. Gordon said. “After a thorough evaluation of their needs and how they could continue to best serve their clients, they determined that staying downtown would suit them best and from there, our team worked with the landlord to structure a lease that met the interests of all parties involved.”
“We are excited to keep one of the top law firms in the country in our building and look forward to working with them for many years, Mr. Bowlin stated.
1000 Main is an 837,161-sq.-ft., Class A office tower located in the heart of Houston’s Central Business District. Other notable tenants in the building include Shell, Sanchez Energy, UBS, and NRG Energy.
CBRE’s Global Law Firm Practice Group is dedicated to advising law firms on real estate and business strategies around the world. The group has serviced 87 percent of the American Law 100 and 81 percent of the American Law 200.
CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (based on 2016 revenue). The company has more than 75,000 employees (excluding affiliates), and serves real estate investors and occupiers through approximately 450 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated 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.