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Transactions - OCTOBER 28, 2019

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Hines and Cerberus acquires 2.1m sqft complex in Houston 

by Released

Hines and an affiliate of Cerberus Capital Management  have officially closed on 600 Travis Street (formerly JPMorgan Chase Tower), totaling 2.1 million square feet of office and retail space in downtown Houston.

John Mooz, Hines senior managing director, said, “Our goal is to enhance 600 Travis’ position as one of the top office buildings in the Southwest. With significantly more activated common space and opportunities, the repositioning will promote greater tenant attraction and retention and will be a testament to Hines’ unmatched ability to maintain an asset’s architectural heritage while fostering a contemporary image for the modern workplace.”

600 Travis Street will undergo significant capital improvements, including major updates to the lobby and exterior plaza area, as well as the addition of connected, collabo

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