houston market office sublease options...park towers south 1333 west loop south. cameron...

HOUSTON MARKETOFFICE SUBLEASE OPTIONS

Prepared for:

The Fitzpatrick Group

Prepared by:MATT LUNA, Associate713.231.1624

May 10, 2016

SURVEY

Building PhotoBuilding Name/

Address SubLandlord Premises

Quoted Base Rent per Year

Estimated Operating Expenses

Rental Rate (PSF)Total Gross Monthly Time Remaing on Lease Comments

1 3009 Post Oak Blvd Unknown 9th floor - 2,000-9,689 RSF $30.50 $16.77 $47.27/SF/Year

$38,167/Month

Approx. 9 years

Expires 2025

Building is 88.4% leased. Suite caters to creative/collaborative use tenants. Exterior offices are not

closed in. $75/SF Build-out. Because of term left and build-out, sublease is quoting exactly what building is. Furniture

negotiable.

2 Marathon Oil Tower5555 San Felipe Pacific Energy 12th floor - 5,920-10,114 RSF $26.50 $14.92

$41.42/SF/Year

$34,910/Month (based on entire suite)

Approx. 2 years

Expires June 2018

Building is 92.5% leased. Suite contains all offices with large board room and another conference room, but no true cubicle space. Some of the interior offices are set up with 4

desks/computers. Furniture negotiable.

3 Williams Tower2800 Post Oak

Chubb Group of Insurance Companies 24th floor - 11,632 RSF (Divisible) $22.00 $16.60

$38.60/SF/Year

$37,416/Month (Based on entire Suite)

Approx. 34 Months

Expires March 2019

Building is 97.2% leased. Suite is move-in ready although is cubicle intensive. Suite is divisible; however, for the more desirable section tenant must take all or nothing. Furniture

negotiable.

4 Park Towers South1333 West Loop South Cameron International Corp. 15th floor - 6,463 RSF $18.00 $13.64

$31.64/SF/Year

$17,041/Month

Approx. 5 years

Expires August 2021

Building is 44.3% leased. This sublease space is quoting $8 below direct spaces. Cameron, the sublandlord, is

vacating all of their space in the building (66,650 RSF). Some furniture negotiable.

5 Galleria Tower II5051 Westheimer Rowan Drilling 16th floor - 7,873 RSF $16.50 $13.00

$29.50/SF/Year

$19,354/Month

Approx. 3.5 years

Expires Decemmber 2019

Building is 93.5% leased. Quoted sublease rates are significantly lower than other Galleria comps. Suite was

recently constructed.

6 3 RiverwayPeregrine Midstream (1100)

Southwest Securities (1400)

Suite 1100 - 7,300 RSF

Suite 1400 - 7,322 RSF

$14.20

$20.00$13.80

Suite 1100$28/SF/Year

$17,033/Month

Suite 1400$33.80/SF/Year$20,624/Month

Suite 1100Approx. 10 monthsExpires March 2017

Suite 1400Approx. 4 years

Expires June 2020

Building is 81% leased. Similar to 3009 PO - because of term left and condition of Suite 1400, no discount on

sublease rate. Suite 1100 would most likely include going direct with landlord after sublease term expiration. Furniture

negotiable.

7 1800 West Loop South Unknown 18th floor - 6,429 RSF $18.00 / $18/SF/Year

$9,644/Month

Approx. 3 years

Expires April 2019

Building is 88.7% leased. Quoted sublease rates $13 less than what direct spaces are quoting. Suite has elevator

lobby exposure.

Copyrighted report licensed to Transwestern - 710898.5/10/2016

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BUILDING PROFILES AND FLOOR PLANS

The Fitzpatrick Group Sublease Options

1 3009 Post Oak Blvd

Copyrighted report licensed to Transwestern - 710898. 5/10/2016

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No warranty or representation, expressed or implied, is made as to the accuracy of the information contained herein and same is submitted subject to errors, omissions, change of prices, rental or other conditions.

FLOO

R P

LAN

For more information please contact

3040 Post Oak Blvd, Ste 1150 | Houston, TX 77049 | 713.499.4100

3009 Post Oak Blvd Houston, TX 77056

Joshua Brown [email protected]

Audrey Selber [email protected]

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2 5555 San Felipe St - Marathon Oil Tower


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5555 San Felipe St

Marathon Oil Tower

Copyrighted report licensed to Transwestern - 710898.

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3 2800 Post Oak Blvd - Williams Tower


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2800 Post Oak Blvd

Williams Tower


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4 1333 West Loop S - Park Towers South


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1333 West Loop S

Park Towers South


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5 5051 Westheimer Rd - Galleria Tower II


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22,591 RSFSUBLEASEAVAILABLE

The depiction in the included photograph of any person, entity, sign, logo or property, other than Cushman & Wakefield’s (C&W) client and the property offered by C&W, is incidental only, and is not intended to connote any affiliation, connection, association, sponsorship or approval by or between that which is incidentally depicted and C&W or its client. This listing shall not be deemed an offer to lease, sublease or sell such property; and, in the event of any transaction for such property, no commission shall be earned by or payable to any cooperating broker except if otherwise provided pursuant to the express terms, rates and conditions of C&W’s agreement with its principal, if, as and when such commission (if any) is actually received from such principal. (A copy of the rates and conditions referred to above with respect to this property is available upon request.)

For more information, please contact:

CUSHMAN & WAKEFIELD, INC.Licensed Real Estate Brokers

1330 Post Oak Boulevard, Suite 2700Houston, Texas 77056-3054www.cushmanwakefield.com

SCOTT WEGMANNVice Chairman (713) 877 [email protected]

GEORGE W. “TREY” STRAKE, IIIVice Chairman (713) [email protected]

COURTNEY ESTENSON WALKERDirector(713) [email protected]

GALLERIA TOWER IIClass “A” Galleria Sublease

LEVEL 16 – 7,873 RSF

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22,591 RSFSUBLEASEAVAILABLE

The depiction in the included photograph of any person, entity, sign, logo or property, other than Cushman & Wakefield’s (C&W) client and the property offered by C&W, is incidental only, and is not intended to connote any affiliation, connection, association, sponsorship or approval by or between that which is incidentally depicted and C&W or its client. This listing shall not be deemed an offer to lease, sublease or sell such property; and, in the event of any transaction for such property, no commission shall be earned by or payable to any cooperating broker except if otherwise provided pursuant to the express terms, rates and conditions of C&W’s agreement with its principal, if, as and when such commission (if any) is actually received from such principal. (A copy of the rates and conditions referred to above with respect to this property is available upon request.)

For more information, please contact:

CUSHMAN & WAKEFIELD, INC.Licensed Real Estate Brokers

1330 Post Oak Boulevard, Suite 2700Houston, Texas 77056-3054www.cushmanwakefield.com

SCOTT WEGMANNVice Chairman (713) 877 [email protected]

GEORGE W. “TREY” STRAKE, IIIVice Chairman (713) [email protected]

COURTNEY ESTENSON WALKERDirector(713) [email protected]

LEVEL 17 – 15,879 RSF

GALLERIA TOWER IIClass “A” Galleria Sublease

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6 3 Riverway - Three Riverway


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Ryan Hartsell

[email protected]

2900 Weslayan Street Suite 620

Houston, TX 77027

Cell (281) 923-5660 Tel (713) 840-8528

www.oxfordcres.com

For more information and inspection please contact:

Oxford Partners (713) 647-6400 ext. 225

No warranty or representation, express or implied is made as to the accuracy of the

information contained herein, and the same is submitted subject to errors, omissions, change

of price, rental or other conditions, withdraw without notice, and to any specific listing

condition imposed by our principals.

Three Riverway

3 Riverway

Houston, Texas

Beautiful Class A Office

Suite 1100 – 7,300 RSF 6

mailto:[email protected]

http://www.oxfordcres.com/

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3 Riverway

Three Riverway


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7 1800 West Loop S - 1800 West Loop South


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1800 West Loop S

1800 West Loop South


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www.transwestern.com

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