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More on the JPMorgan Chase Center here: http://www.houstonarchitecture.com/Building/2757/JPMorgan_Chase_Center.php http://www.houstonarchitecture.com/HAI/Images/Buildings/1/ChaseCenter-Jan08-002a.jpg TEXAS TOWER LIMITED ACQUIRES JPMORGAN CHASE CENTER IN DOWNTOWN HOUSTON Hines Chosen to Manage and Lease Property (HOUSTON) – Texas Tower Limited, owner of the 75-story JPMorgan Chase Tower, announced today the acquisition of the adjacent JPMorgan Chase Center in downtown Houston from JPMorgan Chase. The 20-story building is located at 601 Travis on the block bounded by Capitol, Travis, Texas and Main streets. The purchase price was not disclosed. Hines and Clifford Chance US LLP of New York represented Texas Tower Limited in the transaction, while Mark Russell at Studley represented JPMorgan Chase. It was also announced that Hines has been hired to manage and lease the 1.1 million-square-foot property, which includes approximately 450,000 square feet of office and retail space. Paula Bruns and Liz Shaw of Hines will handle leasing. The Center, which was completed in 1982, was designed by I.M. Pei & Partners and developed by Hines. Over the years, JPMorgan Chase has used the location as a data processing and operations center. The bank is consolidating to 712 Main and 1111 Fannin, retaining just 26,000 square feet at the Center. Upon Chase’s departure, 250,000 square feet will be available for lease. In addition to JPMorgan Chase, The Bank of New York Mellon leases office space in the Center. Connected to the extensive downtown Houston tunnel system, JPMorgan Chase Center contains 12 levels of parking, six levels of office space, and on the ground level, an auditorium and retail space. An exercise facility is planned for the top floor of the building. The parking garage, which is leased by JPMorgan Chase Tower, is utilized by the tower’s tenants and by people visiting downtown Houston for various daytime, evening and weekend events. In Houston, Hines manages 26 properties totaling approximately 13 million square feet.
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The readers at HAIF seem to be some of the most informed Houstonians I come across...so I am reaching beyond the regular dialogs of downtown, midtown, development and real estate...and asking you where you have had the best Thai food in Houston? I've come to appreciate the various aspects of commentary that I value on this board...thanks!!
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Just noticed last night that Chippendale Eastlake Antiques on the corner of 19th and Rutland is gone - space has been cleared out and there is a for lease sign on the front of the building. Anyone know what happened to them? Gone out of business, moved elsewhere, untenable rent increase, or something else? They seemed like a fixture in that spot, and had been there as long as I've been living in the area. I don't think Braun will have much trouble leasing the space, as something that size in the center of activity on 19th doesn't become available very often.
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Went to Shade for New Year's Eve dinner and noticed a Thai Spice sign on the corner of 19th and Nicholson across from Collina's. I have never eaten there, does anyone have an opinion?
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