CBRE Completes Two New Office Lease Agreements at 1000 Louisiana in Houston

CBRE arranged two leases totaling more than 14,000 square feet at 1000 Louisiana in Houston. The two tenants, DLR Group and BVA Group will take 9,014 and 5,467 square feet, respectively, as part of their relocations. CBRE’s Marilyn Guion and Warren Savery are the exclusive leasing agents for 1000 Louisiana. Charles Daggett, Drew Morris, and Lizzie Prochazka with Savills represented DLR Group in the transaction. Bryant Lach with JLL represented BVA Group. DLR Group, an integrated design firm providing architecture, engineering, planning, and interior design from offices around the globe, will relocate from 919 Milam. BVA Group, litigation, valuation, and financial advisory firm, is relocating within the building and extending their term. “We have continued to see good leasing activity, comparative to the market, at 1000 Louisiana. I believe a big reason for this is the commitment the landlord has made to maintaining amenities and services for their clients. For example, when Adair Downtown opened in January, we knew it would be a special amenity for tenants and in the current environment that expectation was well surpassed,” said Guion. “They have remained open, offering tenants to-go and in-person dining, showing our commitment to the tenants of 1000 Louisiana.” A recent CBRE survey of 32 companies across 18 countries found the increase in remote work will certainly have an impact on office utilization, but it will not mean an end to the office, rather, a fresh start. The office of the future may be modified to support impromptu collaboration, creative ideation, and social connections that are best served in person. With a renewed focus on the quality of both the workplace experience and design, it is clear the role of the office as a destination for employees is still important for companies to maintain.