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Pennzoil Place - North Tower

700 Milam St, Houston, TX, US
Floors
36
Total Size
756,825 sqft
Lot Size
1 acres
Parking Ratio
0.33:1000
Elevators
19
Year Constructed
1975
Year Renovated
2013
Building Class
A
LEED Certification
Gold
Close Public Transit
Metro, HRT

Features

Onsite Parking
Freight Elevator

Current Availabilities

$28.50
/sqft/yr
Nov 08
ago
Office
  • Terms: NNN
Listing agent for this listing
David Lee, Transwestern
$28.50
/sqft/yr
Nov 08
ago
Office
  • Terms: NNN
Listing agent for this listing
David Lee, Transwestern
$28.50
/sqft/yr
Nov 08
ago
Office
  • Terms: NNN
Listing agent for this listing
David Lee, Transwestern
$28.50
/sqft/yr
Nov 08
ago
Office
  • Terms: NNN
Listing agent for this listing
David Lee, Transwestern
$28.50
/sqft/yr
Nov 08
ago
Office
  • Terms: NNN
Listing agent for this listing
David Lee, Transwestern
$28.50
/sqft/yr
Nov 08
ago
Office
  • Terms: NNN
Listing agent for this listing
David Lee, Transwestern
$28.50
/sqft/yr
Nov 08
ago
Office
  • Terms: NNN
Listing agent for this listing
David Lee, Transwestern
$28.50
/sqft/yr
Nov 08
ago
Office
  • Terms: NNN
Listing agent for this listing
David Lee, Transwestern
$28.50
/sqft/yr
Nov 08
ago
Office
  • Terms: NNN
Listing agent for this listing
David Lee, Transwestern
$28.50
/sqft/yr
Nov 08
ago
Office
  • Terms: NNN
Listing agent for this listing
David Lee, Transwestern
$28.50
/sqft/yr
Nov 08
ago
Office
  • Terms: NNN
Listing agent for this listing
David Lee, Transwestern
$28.50
/sqft/yr
Nov 08
ago
Office
  • Terms: NNN
Listing agent for this listing
David Lee, Transwestern
Oct 13
ago
Sublease Office
  • Sublease expires Aug 2018
  • Furniture available
  • Rental rate negotiable
  • Operating expenses $16.10 per sqft plus 2% Man
Listing agent for this listing
Ray Lopez, Cresa
Oct 13
ago
Office
  • Lease expires Aug 2018
  • Furniture available
  • Rental rate negotiable
  • Operating expenses $16.10 per sqft plus 2% Man
Listing agent for this listing
Ray Lopez, Cresa
Oct 13
ago
Sublease Office
  • Sublease expires Aug 2018
  • Reception
  • Furniture available
  • Rental rate negotiable
  • Operating expenses $16.10 per sqft plus 2% Man
Listing agent for this listing
Ray Lopez, Cresa
Oct 13
ago
Sublease Office
  • Sublease expires Aug 2018
  • Furniture available
  • Rental rate negotiable
  • Operating expenses $16.10 per sqft plus 2% Man
Listing agent for this listing
Ray Lopez, Cresa
Oct 13
ago
Sublease Office
  • Sublease expires Aug 2018
  • Executive and conference rooms
  • Furniture available
  • Rental rate negotiable
  • Operating expenses $16.10 per sqft plus 2% Man
Listing agent for this listing
Ray Lopez, Cresa
Oct 13
ago
Sublease Office
  • Sublease expires Aug 2018
  • Furniture available
  • Rental rate negotiable
  • Operating expenses $16.10 per sqft plus 2% Man
Listing agent for this listing
Ray Lopez, Cresa
Oct 13
ago
Sublease Office
  • Sublease expires Aug 2018
  • Meeting and commercial kitchen
  • Furniture available
  • Rental rate negotiable
  • Operating expenses $16.10 per sqft plus 2% Man
Listing agent for this listing
Ray Lopez, Cresa
Oct 07
ago
Sublease Office
  • Offices
  • Board room with A/V
  • Furniture available
  • Rental rate negotiable
  • Operating expenses $16.10 per sqft plus 2% man
Listing agent for this listing
Ray Lopez, Cresa
$28.50
/sqft/yr
Sep 28
ago
Office
  • Terms: NNN
  • Tunnel spaces
  • Leasehold improvement allowance negotiable
Listing agent for this listing
Doug Little, Transwestern
$28.50
/sqft/yr
Sep 28
ago
Office
  • Terms: NNN
  • Tunnel spaces
  • Leasehold improvement allowance negotiable
Listing agent for this listing
Doug Little, Transwestern
$28.50
/sqft/yr
Sep 28
ago
Office
  • Terms: NNN
  • Tunnel spaces
  • Leasehold improvement allowance negotiable
Listing agent for this listing
Doug Little, Transwestern
$28.50
/sqft/yr
Sep 28
ago
Office
  • Terms: NNN
  • Leasehold improvement allowance negotiable
Listing agent for this listing
Doug Little, Transwestern
$28.50
/sqft/yr
Sep 28
ago
Office
  • Terms: NNN
  • Leasehold improvement allowance negotiable
Listing agent for this listing
Doug Little, Transwestern
$28.50
/sqft/yr
Sep 28
ago
Office
  • Terms: NNN
  • Leasehold improvement allowance negotiable
Listing agent for this listing
Doug Little, Transwestern
$28.50
/sqft/yr
Sep 28
ago
Office
  • Terms: NNN
  • Leasehold improvement allowance negotiable
Listing agent for this listing
Doug Little, Transwestern
$28.50
/sqft/yr
Sep 28
ago
Office
  • Terms: NNN
  • Leasehold improvement allowance negotiable
Listing agent for this listing
Doug Little, Transwestern
$28.50
/sqft/yr
Sep 28
ago
Office
  • Terms: NNN
  • Leasehold improvement allowance negotiable
Listing agent for this listing
Doug Little, Transwestern
$28.50
/sqft/yr
Sep 28
ago
Office
  • Terms: NNN
  • Leasehold improvement allowance negotiable
Listing agent for this listing
David Lee, Transwestern
$28.50
/sqft/yr
Sep 28
ago
Office
  • Terms: NNN
  • Leasehold improvement allowance negotiable
Listing agent for this listing
David Lee, Transwestern
$28.50
/sqft/yr
Sep 28
ago
Office
  • Terms: NNN
  • Leasehold improvement allowance negotiable
Listing agent for this listing
Doug Little, Transwestern
$28.50
/sqft/yr
Sep 28
ago
Office
  • Terms: NNN
  • Leasehold improvement allowance negotiable
Listing agent for this listing
Doug Little, Transwestern
$28.50
/sqft/yr
Sep 28
ago
Office
  • Terms: NNN
  • Leasehold improvement allowance negotiable
Listing agent for this listing
Doug Little, Transwestern
$28.50
/sqft/yr
Sep 28
ago
Office
  • Terms: NNN
  • Leasehold improvement allowance negotiable
Listing agent for this listing
David Lee, Transwestern

About Pennzoil Place - North Tower

Designed by the celebrated architectural team of Phillip Johnson and John Burgee, Pennzoil Place contains 36 and 34 story towers of dark bronze-tinted glass, posed in dramatic counterpoint on the block bounded by Capitol, Rusk, Milam and Louisiana Streets. At ground level, a 115-foot-high glass-covered plaza connects the two towers and provides an inviting public space filled with sunlight and lush landscaping. A great court lobby adjacent to the plaza contains convenient banking facilities and three banks of elevators that provide, fast efficient service to the office floors above. One service and two penthouse elevators also serve each tower. Elevators and escalators connect directly to downtown Houston's underground tunnel system with its full range of restaurants, postal and express mail services, news stands and specialty shops. Building parking facilities can accommodate 550 cars, with approximately 15,000 additional spaces located within a three-block radius of the towers. Pennzoil Place interior spaces feature 9-foot ceilings; solid core, full-height teak doors with polished chrome hardware; 12" x 12" concealed spline acoustical ceiling tile; mini-blinds and standard commercial carpet. All elevator lobbies are clad in granite. Restrooms feature the same granite on the counter tops of mirrored vanities. The building's operating efficiency is assured by tinted floor-to-ceiling dual-pane glass, which minimizes heat loss and gain. A sophisticated air conditioning system - with 23 individually controlled thermostats and two air handling units per floor - affords maximum tenant comfort and control. Lighting is provided by efficient fluorescent fixtures recessed in parabolic lenses. This building was awarded an Energy Star label in 2007- 2015 for its operating efficiency. In 2011, this building was awarded LEED certification at the Gold level by the U.S. Green Building Council.

The Neighborhood: Downtown Houston

On average, listings lease in the $30's per square foot per year. The Downtown Houston region is seeing a an increase in rates. In the last 3 months, the median rate rose $9 per sqft per year. That's a 33% rise in rent.

Compared to the rest of the Houston Metro market, the Downtown Houston submarket has higher rates, and you'll need to make a great offer to be in this hot submarket.

Median Rate Median Size
Downtown Houston $37
/sqft/yr
7,710
sqft
Median Rate Median Size
Houston Metro $25
/sqft/yr
1,930
sqft

Median Rate over Time in Downtown Houston