Si­d­ley Austin will ex­pand in Wells Fargo Plaza

Houston Chronicle Sunday - - PRIME PROPERTY - By Kather­ine Feser kather­ine.feser@chron.com twit­ter.com/kfeser

Global law firm Si­d­ley Austin will boost its space in down­town’s Wells Fargo Plaza by 60 per­cent in a long-term lease re­newal and ex­pan­sion.

The firm has added nearly 70 at­tor­neys in Hous­ton since es­tab­lish­ing a lo­cal of­fice in 2012. The lease of an ad­di­tional 30,000 square feet brings its to­tal to 80,000 square feet in the tower at 1000 Louisiana, ac­cord­ing to CBRE.

“We’ve dou­bled our size in Hous­ton over the last sev­eral years by adding ex­cep­tion­ally tal­ented as­so­ciates and part­ners who were very sought-af­ter in this mar­ket,” Kevin Lewis, a co-man­ag­ing part­ner of the Hous­ton of­fice along with Cliff Vrielink, said in an an­nounce­ment. “That cre­ated a good prob­lem: We ran out of of­fice space.”

Si­d­ley Austin op­er­ates 20 of­fices world­wide in key com­mer­cial, fi­nan­cial and reg­u­la­tory cen­ters; its largest con­cen­tra­tion of at­tor­neys is in Chicago.

The firm plans to re­design its Hous­ton of­fice, in­cor­po­rat­ing a new en­try on the 59th-floor sky lobby with rare dou­ble-height ceil­ings. Ar­chi­tec­ture firm Gensler will de­sign the space.

“We looked at op­tions all through­out down­town,” said Kevin Kush­ner, a se­nior vice pres­i­dent with CBRE in Hous­ton. “What they thought worked best was to stay where they are and to take ad­van­tage of that sky lobby where they could re­ally build out some­thing unique.”

With the ex­pan­sion, Si­d­ley Austin will oc­cupy 3½ floors in the tower.

Kush­ner rep­re­sented Si­d­ley Austin along with Todd Lipp­man and James Whalen from CBRE’s Chicago of­fice. Bon­nie Kel­ley-Di­enna and Dave Hanusa CBRE rep­re­sented the land­lord, a MetLife joint ven­ture.

Well Fargo Plaza now is 81 per­cent leased. Space in the build­ing opened up when Hal­con Re­sources Corp. down­sized by two floors, in­clud­ing the 59th-floor sky lobby, and Targa Re­sources va­cated four floors to re­lo­cate to 811 Louisiana, CBRE said.

CBRE

Wells Fargo Plaza, a 1.7-mil­lion-square-foot of­fice tower at 1000 Louisiana, is man­aged by CBRE.

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