Yetter Coleman Leases 44000 Square Feet At JPMorgan Chase Tower In Houston With CBRE Representation
600 Travis Street
Building Size
44,000 SF
Asset Type
Office
Closing
Mar 2, 2026
About this deal
AI
The subject of the lease is a 44,000 square foot office space located at 600 Travis Street in the Houston market. The property is situated across the 53rd and 54th floors of the JPMorgan Chase Tower.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not disclosed
- Landlord: Laura Hines-Pierce & Jeffrey C. Hines - Hines
- Tenant: Yetter Coleman
- Brokers: Jon Lee & Claire Douthit - CBRE
Yetter Coleman expanded its operational footprint nearly doubling from its previous location at 811 Main Street due to growth requirements. CBRE, representing the tenant, successfully negotiated a direct extension with the property ownership, ensuring the availability of built-out Class A office space within Houston's competitive CBD office market.
On the Map
Office
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Players
Houston Office Market Snapshot
Boundary boundary · Office · Lease transactions
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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