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1001 Fannin Street

Updated Oct 12, 2026

Chord Energy Renews And Expands Lease For 157,390 Square Feet At 1001 Fannin Street In Houston
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Chord Energy Renews And Expands Lease For 157,390 Square Feet At 1001 Fannin Street In Houston

1001 Fannin Street

Building Size

130,300 SF

Asset Type

Office

Closing

Oct 5, 2026

About this deal

AI

The property involved in the transaction is an office space located at 1001 Fannin Street in Houston, TX. This asset spans a total of 130,300 square feet. Chord Energy is the tenant currently holding the lease for this location.

Summary of transaction details:

Chord Energy has renewed its lease at 1001 Fannin and has expanded by an additional 27,090 square feet, increasing its total occupied space to 157,390 square feet. This expansion aligns with the significant leasing activity at the 1.3 million-square-foot tower, which has seen more than 140,000 square feet leased over the past 18 months.

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Players

Chip Colvill

Partners Real Estate

Broker

7 deals

Broker

Daniel Brown

Chord Energy

Tenant

1 deal

Tenant
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Seymour Office Market Snapshot

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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