HOUSTON – (Realty News Report) – Jones on Main, an ornate 93-year-old building in downtown Houston, has attracted new tenants.
The office building, 712 Main Street, is a 37-story Art Deco building. The tower was commissioned in 1929 by Jesse H. Jones and it remained the tallest building in Houston until 1963. The tower is a City of Houston Landmark and is listed on the National Register of Historic Places. Jones, an early-day publisher of the Houston Chronicle, served as Secretary of Commerce under President Franklin D. Roosevelt in the 1940s.
Lionstone Investments has announced that Grid United and Seaport Global will move into office spaces totaling more than 11,000 SF.
The 890,380-SF Jones on Main is a mixed-use historic building that has been renovated with new technology and tenant amenities, including a private rooftop bar to open later this Fall. Spanning an entire city block on Main Street, Jones on Main encompasses four interconnected buildings with over 800,000 SF of Class A office space, including WeWork, Shake Shack and Finn Hall, its award-winning food hall with chef-driven concepts.
Grid United, an electric transmission development company, recently signed a five-year lease, moving into an 8,620 SF office space in this month. CBRE’s Parker Duffie and Jason Presley represented the landlord, Lionstone Investments, in the transaction, while Walker Ryan and Charles Fertitta of Colliers represented the tenant, Grid United.
“As we were considering various office spaces, Jones on Main really stood out as the right fit for our company,” said Michael Skelly, founder and CEO of Grid United. “Jones on Main is the perfect combo of a modern buildout with deep roots in Houston’s history. The building’s location in the heart of downtown, at the intersection of two light rail lines, with great access to both Metro’s Park and Ride system and Houston’s expanding bikeway system, will give our team the full menu of low-carbon commuting options – a must have for any company seeking to lower its carbon footprint.”
Seaport Global, a privately held capital markets firm specializing in global credit sales, trading and research and investment banking, completed their move in September 2022 into a 2,596-SF office space. CBRE’s Parker Duffie andJason Presley represented the landlord, Lionstone Investments, in the transaction, while Roy Sweeney of Colliers represented the tenant, Seaport Global, who signed a three-year lease.
Lionstone Investments is the owner of Jones on Main. Midway Property Management is engaged as the property manager for the building and Midway Companies is also a minority ownership joint venture partner in the building.
Oct. 18, 2022 Realty News Report Copyright 2022
File: Historic Jones on Main Gains Tenants
Photo: Ralph Bivins. Realty News Report Copyright 2022
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Image: Courtesy Jones on Main . (Historic Jones on Main Gains Tenants)