International commercial real estate services firm Studley has announced that it will be moving its Houston office in August to the 37th floor of Three Allen Center in Downtown Houston.
Studley has signed a 10-year, 15,000-square-foot lease, more than doubling the size of its current 7,000-square-foot lease at 711 Louisiana Street.
“We’ve been in our current space since 2004, when my co-branch managers and I joined the firm,” shared Mark O’Donnell, executive vice president. “Since that time, we’ve doubled in headcount and market share, but not yet in space. Our new offices will enable us to work even more effectively and provide us with the resources we need to continue to grow our client base and our share of the market.”
Over the past year in Houston, Studley has expanded the firm’s national Industrial Practice Group with the addition of Micheal Palmer and John Simons, formerly of CBRE, and bolstered the firm’s office practice with the addition of Kyle Kelly, Lance McCarthy, Damon Thames and Aaron Howes, also formerly of CBRE, and Chris Wadley, Justin Leighton and Jim Bell.
The landlord, Brookfield Properties, was represented in-house by Paul Frazier and John Morton.
Three Allen Center is a 50-story, 1,194,719-square-foot Class A office building located in south end of downtown.
Studley is the only global tenant advisory firm with a pure tenant representation delivery platform. Founded in 1954, Studley pioneered this conflict-free business model. Today, with 19 offices nationwide and an international presence through its London office and AOS Studley throughout Europe, Studley provides strategic real estate consulting services to top-tier corporations, law firms, nonprofits, government agencies and institutions of higher education. Information about Studley is available at www.studley.com