HOUSTON-Ernst & Young was one of the first tenants to sign for the 580,875-sf, class A office tower that’s now under construction in the Houston Center complex along McKinney Street in the CBD. As work continues, the New York City-based tenant has rolled in another 29,558 sf to its pre-leased 118,232 sf for keys to floors 11 through 15.
5 Houston Center broke ground in November 2000 and is due to deliver in September. It stands at 86% leased, with Ernst & Young’s add-on. The project, owned by Fort Worth-based Crescent Real Estate Equities Co., is the first multi-tenant office development to be built in Houston’s CBD in 16 years.
Debbie Wilson, vice president of leasing for Houston Center represented the building owner of record, Crescent 5 Houston Center LP. Brandi Gawlikowski, Pat Hicks and Phil Puckett, all of the Houston office of Dallas-based Trammell Crow Co., represented the tenant in the lease negotiations.
Crescent’s Houston Center complex will contain 3.3 million sf with the building’s delivery. The office development overall is 95% leased.