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Pennzoil Place - South Tower

Pennzoil Place, 711 Louisiana St, Houston, TX 77002, USA
Floors
34
Total Size
664,940 sqft
Lot Size
1 acres
Parking Ratio
1.5:1000
Elevators
19
Year Constructed
1975
Year Renovated
2013
Building Class
A
LEED Certification
Gold
Close Public Transit
Metro, HRT

Features

Gym
Onsite Parking
Freight Elevator

Current Availabilities

$27.89
/sqft/yr
Nov 08
ago
Office
  • Terms: NNN
Listing agent for this listing
David Lee, Transwestern
$27.89
/sqft/yr
Nov 08
ago
Office
  • Terms: NNN
Listing agent for this listing
David Lee, Transwestern
$27.89
/sqft/yr
Nov 08
ago
Office
  • Terms: NNN
Listing agent for this listing
David Lee, Transwestern
$27.89
/sqft/yr
Nov 08
ago
Office
  • Terms: NNN
Listing agent for this listing
David Lee, Transwestern
$27.89
/sqft/yr
Nov 08
ago
Office
  • Terms: NNN
Listing agent for this listing
David Lee, Transwestern
$27.89
/sqft/yr
Nov 08
ago
Office
  • Terms: NNN
Listing agent for this listing
David Lee, Transwestern
$27.89
/sqft/yr
Nov 08
ago
Office
  • Terms: NNN
Listing agent for this listing
David Lee, Transwestern
$27.89
/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
  • Partial floor opportunity
  • Estimated 2016 operating expenses of $16.10 per sqft
  • Leasehold improvement allowance negotiable
    Parking available below the building
  • Unreserved parking $220 and reserved parking $285
  • Plus taxes
    Parking available in walker main garage (tunnel access)
  • Unreserved parking $160 and reserved parking $235
  • Plus taxes
Listing agent for this listing
Doug Little, Transwestern
$28.50
/sqft/yr
Nov 08
ago
Office
  • Terms: NNN
  • Partial floor opportunity
  • Estimated 2016 operating expenses of $16.10 per sqft
  • Leasehold improvement allowance negotiable
    Parking available below the building
  • Unreserved parking $220 and reserved parking $285
  • Plus taxes
    Parking available in walker main garage (tunnel access)
  • Unreserved parking $160 and reserved parking $235
  • Plus taxes
Listing agent for this listing
Doug Little, Transwestern
$28.50
/sqft/yr
Oct 01
ago
Office
  • Terms: NNN
  • Lobby space
  • Nine foot ceiling height
  • Floor to ceiling dual pane glass
  • HVAC
Listing agent for this listing
Doug Little, Transwestern
$28.50
/sqft/yr
Oct 01
ago
Office
  • Terms: NNN
  • Lobby space
  • Nine foot ceiling height
  • Floor to ceiling dual pane glass
  • HVAC
Listing agent for this listing
Doug Little, Transwestern
$28.50
/sqft/yr
Oct 01
ago
Office
  • Terms: NNN
  • Lobby space
  • Nine foot ceiling height
  • Floor to ceiling dual pane glass
  • HVAC
Listing agent for this listing
Doug Little, Transwestern
$28.50
/sqft/yr
Oct 01
ago
Office
  • Terms: NNN
  • Nine foot ceiling height
  • Floor to ceiling dual pane glass
  • HVAC
Listing agent for this listing
Doug Little, Transwestern
$28.50
/sqft/yr
Oct 01
ago
Office
  • Terms: NNN
  • Lobby space
  • Nine foot ceiling height
  • Floor to ceiling dual pane glass
  • HVAC
Listing agent for this listing
Doug Little, Transwestern

About Pennzoil Place - South 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

Most listings are in the $30's per square foot per year. The Downtown Houston submarket is experiencing a an increase in rates. In the last 3 months, the median rate rose $6 per sqft per year. That's a 21% increase in rent.

Compared to the rest of the Houston Metro market, the Downtown Houston region has more expensive rates, and you'll have to negotiate above asking rent to be in this hot region.

Median Rate Median Size
Downtown Houston $37
/sqft/yr
7,832
sqft
Median Rate Median Size
Houston Metro $25
/sqft/yr
1,910
sqft

Median Rate over Time in Downtown Houston