Law Firm Expands Houston Office Presence
Frost Brown Todd will occupy the 43rd floor at 1100 Louisiana St.
Frost Brown Todd has signed a 23,537-square-foot lease at 1100 Louisiana St. in Houston and will utilize the entire 43rd floor. Cushman & Wakefield and CBRE represented the landlord and the tenant, respectively, in the lease negotiations.
The law firm currently occupies 9,632 square feet at 4400 Post Oak Parkway, a high-rise owned by CP Group, and will relocate to the new premises this month, the Houston Business Journal reported.
Enterprise Products Partners owns the 1.3 million-square-foot, Class A office tower, according to CommercialEdge. The company purchased the tower from Hines in 2005.
The owner uses more than 500,000 square feet, between the fourth and 25th floors, with the tenant roster including Ryder Scott, Gibbs & Bruns and King & Spalding, among others.
READ ALSO: Greater Houston’s Office Market Slowly Recovers
Built in 1980, the tower at 1100 Louisiana St.—also known as Enterprise Plaza—underwent renovations in 2019. The facelift of its lobby included new stone wall finishes, furnishings and upgraded LED lighting. Hines, Gensler and NanoLumens worked on the overhaul. Plans called for the installation of a 576-square-foot LED wall for the lobby, which at the time was the largest commercial office indoor digital installation in downtown Houston.
The tower features 23,509-square-foot floorplates across its 55 floors, 44,046 square feet of retail space, as well as a 13-story parking garage with a 2,234-car capacity. Amenities include a gym, on-site restaurant and conference facility. The building holds LEED Gold and Energy Star certifications.
Located in Houston’s Central Business District, the skyscraper is within walking distance of the Houston City Hall and Sam Houston Park. Multiple quick-service restaurants and transit stops are nearby.
Cushman & Wakefield Executive Managing Director Winfield Haggard Jr., together with Managing Director Diana Bridger, represented Enterprise Products Partners. CBRE Executive Vice President Jon Lee alongside Director Claire Douthit and Senior Vice President Paul Tingley led the negotiations on behalf of Frost Brown Todd.
Houston office relocations on the rise
Office leasing in Houston totaled 5.2 million square feet during the first six months of 2024, a report by Avison Young shows. Law firms accounted for just 3.9 percent of all activity during that interval.
Although the share of new office leases and relocations remained somewhat consistent—55.6 percent of all Houston leases from 2018 to March 2020 and 52.5 percent from April 2020 to June 2024—the first six months of this year saw a surge in fresh leasing activity and relocations, with the figure landing at 67 percent.
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