Texas Tower Nears Full Occupancy at 99%

Texas Tower Nears Full Occupancy at 99%
Texas Tower Nears Full Occupancy at 99%

### Texas Tower Reaches 99% Occupancy

Filling a million square feet of office space in today’s market is no small feat, but a Hines-led group has accomplished just that. Hines, along with CDPQ and Ivanhoé Cambridge, has reached this milestone after securing law firm Skadden, Arps, Slate, Meagher & Flom as a tenant at the 47-story Texas Tower in downtown Houston. With only two spec suites remaining, just 18,000 square feet of rentable space remains in the building, which opened in 2021.

Skadden, Arps, Slate, Meagher & Flom LLP, a leading global law firm, will lease 52,000 square feet across two floors. The lease is set to begin in April 2026.

Texas Tower is home to several major tenants, including Hines, Vinson & Elkins, Clifford Chance, McGuireWoods, DLA Piper, Cheniere Energy, Chicago Title, Charter Title Company, Morgan Stanley, Sable Offshore Corp, Moelis & Company, and Sheppard Mullin.

Additionally, earlier this month, it was announced that a $450 million refinancing loan had been secured for Texas Tower.

About the Publisher:
Steve Griffin is based in sunny Palm Harbor, Florida. He’s an accountant by profession and the owner of GRIFFIN Tax and REVVED Up Accounting. In addition, Steve founded Madison Avenue Technology. With a strong passion for commercial real estate, he’s also dedicated to keeping you up to date with the latest industry news.

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