Pillsbury Winthrop Shaw Pittman Leases 28,000 SF Office Space In Houston's 609 Main Street Tower
609 Main Street
Building Size
28,000 SF
Asset Type
Office
Closing
Jan 24, 2024
About this deal
AI
Law firm Pillsbury Winthrop Shaw Pittman is relocating from Houston Center to occupy the entire 20th floor, totaling 28,000 square feet, at Hines' 609 Main at Texas tower in downtown Houston.
Summary of transaction details
- Property Type: Office
- Transaction Amount: Not mentioned
- Square Footage: 28,000
- Address: 609 Main Street
- Market: Houston
Savills brokers represented Pillsbury Winthrop Shaw Pittman, while Damon Thames of Cushman & Wakefield represented Hines in the lease negotiations.
Traded’s record for 609 Main Street in Houston, Texas covers a office lease from 2024. The building is 28,000 square feet, implying about 0 per square foot on the published price. Lesa Nickelson French, Damon Thames, Jeffrey C. Hines, Hines appear on the lease alongside Hines, Savills, Cushman & Wakefield. This page is the Houston, Texas file for the 609 Main Street office leased: pricing, party profiles, and other closed office comps from the same Houston sit in the Market section below. Filter that Houston office set by closing date to see what else leased near 609 Main Street around 2024. Cite this Pillsbury Winthrop Shaw Pittman Leases 28,000 SF Office Space In Houston's 609 Main Street Tower lease when underwriting similar office product around Houston, Texas.
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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