Mitsubishi Corporation Leases 92,000 Square Feet Office At 1100 Louisiana In Houston
1100 Louisiana Street
Building Size
92,000 SF
Asset Type
Office
Closing
Jul 8, 2026
AI
The asset involved in this transaction is an office building located at 1100 Louisiana Street in Houston, TX. The property encompasses approximately 92,000 square feet and is situated in a significant market area.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not disclosed
- Address: 1100 Louisiana Street
- Market: Houston, TX
- Landlord: Jeffrey C. Hines & Laura Hines-Pierce - Hines
- Tenant: Takehiko Kakiuchi - Mitsubishi Corporation (Americas)
- Landlord's Representative: Win Haggard Jr & Diana Bridger - Partners Real Estate
- Tenant's Representative: Tim Relyea - Cushman & Wakefield
This lease transaction marked a significant milestone as Mitsubishi Corporation (Americas) expanded its operational footprint by leasing approximately 92,000 square feet while relocating from 1 Houston Center. This move allows the tenant to continue its established presence in Downtown Houston, and the lease was noted as the largest office lease reported in the area this quarter.
Players
Palestine 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