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August 9, 2022

Another Large Downtown Office Lease Continues Momentum Of Class-A Spaces

Mark You Calendar For Innovations In Houston Construction & Development Oct. 20

Law firm Baker Botts renewed and extended its downtown lease at 910 Louisiana St., a notably large lease in a submarket that's been sluggish for the entirety of the coronavirus crisis.

Another Large Downtown Office Lease Continues Momentum Of Class-A Spaces

Baker Botts, which will now lease 172K SF in total, has been at 910 Louisiana — also referred to as One Shell Plaza — for 51 years, broker Cushman & Wakefield said in a release. Cushman & Wakefield's Winfield Haggard Jr. and Chip Colville represented landlord Busycon…

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This Week's Houston Deal Sheet

Weatherford Business Park is now fully leased, with 568K SF of new leases signed.

Three recent leases were signed at Building 2 at the park. Holiday Logistics, doing business as King of Christmas, leased 88.7K SF, represented by NAI Partners' Clay Pritchett. Chadwell Supply Texas leased 144.7K SF, represented by Lee & Associates' Reed Parker. Dishaka leased 77.8K SF, represented by Fincher Cos.' Terry Nehls.

This Week's Houston Deal Sheet

Immatics U.S. leased 100K SF at Building 1, represented by Cushman & Wakefield's Scott Visin. In August 2021, Chempak signed for the entirety of Building 3 in a 10-year, 156.7K SF lease. It was represented by Avison Young's Anthony Squilante and Drew Coupe.Colliers' Barkley Peschel, Walter Menuet and Jason Scholtz represent…

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Rory McIlroy-Backed Puttery Unveils Aggressive Growth Plans With 3 New Locations Coming Soon

Social golfing experience Puttery is coming to Minneapolis, the latest move by a brand that has rapidly expanded since its Texas debut in September.

The more than 21K SF venue slated for the Twin Cities is the fourth location for Puttery, owned by golf leisure and entertainment company Drive Shack Inc. Locations in Houston and Chicago are expected to open in the coming months, according to a release.

Rory McIlroy-Backed Puttery Unveils Aggressive Growth Plans With 3 New Locations Coming Soon

“Together, the Twin Cities boast one of the strongest economies in the region,” Drive Shack Inc. President and CEO Hana Khouri said in the release. “Their growing population is always in search of unique destinations for corporate events, happy hours, and date nights. Puttery Minneapolis will be the perfect enhancement…

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The CHIPS Act Could Kick Off A Comeback For Factory Towns

President Joe Biden is poised to sign the $280B CHIPS and Science Act of 2022 into law this week, and when he does, he will kick off a spending spree that could spur economic development booms in cities and towns across the country — especially ones with electricity and water aplenty.

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