Pennzoil Place_Property for Sale
Pennzoil Place_Property for Sale

Pennzoil Place

711 Louisiana Street, Houston, TX, 77002, US

Asset Description

JLL, on behalf of ownership, is pleased to present the opportunity to acquire a 100% fee simple interest in Pennzoil Place and Walker@Main parking garage (the “Property”) located in the Central Business District submarket of Houston, Texas.


Pennzoil Place represents an extraordinary opportunity to purchase one of the most notable and groundbreaking office buildings in the Unites States. Upon completion of a thoughtful, cost-effective renovation of the ground floor lobby, an investor can capture significant upside by restabilizing the Property amid an improving Houston CBD market.

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Attributes

Building area net
130,967 m²
Occupancy
54%
WALT
4.2 years
Year built
1975
Number of floors
70
Parcel
1.43 Acres

Media

Investment Highlights

  • Pennzoil Place: Defining The Houston Skyline
  • Fully Amenitized Walkable Location
  • Dramatic and Efficient Floor Plates
  • Well-Positioned to Capitalize on Flight to Quality
  • Exceptional Access Throughout the City of Houston
  • Unmatched Accessibility
  • Best-In-Class On-Site Amenities
  • Ideally Positioned on the Houston CBD Tunnel Sysem
  • Poised to Compete in the Class-A Downtown Submarket
  • Superior Parking Opportunity
  • Industry Leading Wellness and Sustainability
  • Significant Capital Investment by Current Ownership
Pennzoil Place 4_Property for Sale
Pennzoil Place 4_Property for Sale

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Pennzoil Place (0 Properties)

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Last updated
1 May 2025