![]() ![]() The PGA Tour is in Texas this week for the 2022 Cadence Bank Houston Open, which is being played at Memorial Park Golf Course for the 3rd straight year. NFL Fantasy Football Rankings, Sleepers and Analysis.Located at Main and Lamar along the Metro Rail, the building has 42,470 square feet of retail space.ĭallas-based co-working company WorkSuites recently opened a location at 1000 Main, including areas on the 23rd floor and on the tunnel level. The 36-story 100 Main building was completed in 2003 and is linked with the downtown tunnel system. Gunnel declined to disclose terms but said "the new, restructured lease was the most favorable option from Shell’s real estate assessment, with the benefit of competitive market rates for a longer lease term duration through 2031." "Shell routinely assesses our real estate assets to ensure we are optimizing space, placing staff in the most effective and appropriate facilities, and reducing associated costs," said Natalie Gunnell, a spokesperson for Shell. Shell, which employs about 8,000 people in the Houston area, said 1000 Main continues to play an important role it the company's office footprint in Houston. Shell exited a large amount of space at One Shell Plaza at 910 Louisiana and 811 Main in 2017. While the bulk of Shell's downtown operations were relocated to buildings the company owns in west Houston several years ago, the company has continued to occupy 1000 Main, mainly for its U.S. Office vacancy reached 23.7 percent in the Houston area in the third quarter, according to Madison Marquette. Landlords are investing in buildings to create areas for tenants to spend time away from their desks in order to compete in a market with a surplus of empty space. The building also has a fitness center and training studio with automated spin and yoga classes and spa-style locker rooms. A separate gaming area provides two Top-Golf simulators, a pool table, shuffleboard and multiple TVs. A conference center can accommodate up to 144 people or be divided into three rooms. The 12,500-square-foot lounge area has dining areas and lounge seating surrounding a barista style coffee station. The 1000 Main building opened a new tenant amenity center designed by architecture firm Gensler in June. “Investing in an amenity package elevates the workday routine and provides onsite access to conveniences that appeal to tenants who are fully or partially returning to the office after 16+ months working from home.” “Shell’s lease extension illustrates a rising trend among tenants for amenity-rich office space as they continue to respond to the COVID-19 pandemic,” Bowlin, central regional president for Madison Marquette’s property services, said in an announcement. RELATED: Real estate transactions: KBS sells Energy Corridor office building Tim Relyea and Joseph Peddie of Cushman & Wakefield represented Shell. Wade Bowlin of Madison Marquette represented the landlord, Germany-based Union Investment. The company will continue to occupy eight floors, representing about 30 percent of the 837,161-square-foot office tower, under a long-term lease. Shell's original lease at 1000 Main was not due to expire until the end of 2025, according to Madison Marquette. The Houston office of commercial real estate firm Madison Marquette announced the lease, which is among the largest office deals of 2021. has firmed up its commitment to downtown's 1000 Main building by signing an early renewal for 259,000 square feet of space. The recently completed tenant amenity center at 1000 Main provides conference facilities, a coffee station and areas for lounging, dining and playing games. Madison Marquette Show More Show Less 8 of8 Madison Marquette Show More Show Less 7 of8 Madison Marquette Show More Show Less 6 of8 Madison Marquette Show More Show Less 5 of8 Madison Marquette Show More Show Less 4 of8 Madison Marquette Show More Show Less 3 of8 Mayra Beltran/Houston Chronicle Show More Show Less 2 of8
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