CON F I D E N T I A L O F F E R I N G M E MO R A N D U M
“ I have never believed in status quo. I believe we can always improve—either by rethinking existing ways of doing things or by thinking outside the box.
THIS IS INNOVATION — IT IS A STATE OF MIND. ” - Gerald D. Hines , Founder and Chairman
Investment Distinctions 04
GLOBAL This offering creates the opportunity to acquire a TROPHY TOWER with robust credit-backed durable income that generates strong returns.
On behalf of Hines, Cushman & Wakefield is pleased to present the generational opportunity to acquire 609 Main at Texas , a recently delivered, 48-story, trophy office tower and an icon on the Houston, Texas skyline. 609 Main (the “Tower”, “Building” or “Property”), measures 1,087,090 Rentable Square Feet (100,993 Rentable Square Meters). The property is 94% leased to a diverse roster of industry- leading, high-credit tenants with a 10.6 year weighted average lease term. 609 Main is the premier office address for premier tenants. 609 Main at Texas is a Class AA + trophy quality tower designed by Pickard Chilton and developed by Hines. It is set within the highly sought-after Main Street district of downtown Houston. The Building features best-in-class amenities including a flexible 300-person conference center and event space, a 7,884 SF state-of-the-art fitness facility and two rooftop gardens. The street level retail, including Prelude Coffee and Mendocino Farms, embraces the active live-work- play environment of the Central Business District.
The modern, functional and progressive experience provided by 609 Main has attracted blue-chip global brands that identify with Hines’ standard of excellence. As a result, the building is 94% leased for a weighted average lease term of 10.6 years, providing long term durable income with remaining contractual revenue of $630 million.
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MAJOR AMERICAN AIRLINE 226,036 RSF | 21% NRA | DEC-29 LED
INTERNATIONAL LAW FIRM, AmLaw #8 (2019) 162,437 RSF | 15% NRA | MAY-32 LED
INTERNATIONAL LAW FIRM, AmLaw #34 (2019) 57,239 RSF | 5% NRA | JUN-30 LED
GLOBAL INVESTMENT BANK 56,584 RSF | 5% NRA | JUL-31 LED
GLOBAL FINANCIAL SERVICES 29,763 RSF | 3% NRA | MAR-32 LED
INTERNATIONAL CONSULTING & ADVISORY SERVICES 36,786 RSF | 3% NRA | JUN-30 LED
Downtown Houston COMMERCE + CULTURE
HOUSE OF BLUES
HAMPTON INN & SUITES
HOUSTON CONVENTION CENTER
WITHIN 1 MILE
350 RESTAURANTS 600 RETAIL SHOPS
35 HOTELS 8K RESIDENTIAL UNITS
609 Main The Property is located in the Main Street district of downtown Houston which embodies the most authentic mix of Houston’s urban lifestyle.
ARIS MARKET SQUARE
WHITE OAK BAYOU
MARKET SQUARE TOWER
WORTHAM THEATER CETNER
MARKET SQUARE PARK
Hotels Residential Entertainment Parks
MINUTE MAID PARK
#1 FOREIGN TRADE PORT
7 th LARGEST METRO ECONOMY IN THE U.S.
3 rd RANKED MOST JOBS ADDED IN 2018
6.8 MILLION RESIDENTS IN HOUSTON MSA
46% POPULATION GROWTH SINCE 2000
TOP GLOBAL HOUSTON, TEXAS:
Investment Distinctions 16
22 Fortune 500 Company HQs
500+ Digital Tech Companies
The Cl ientele 21
The Cl ientele 22
HASTINGS EQUITY PARTNERS
MIKE MCDONALD Vice Chairman +1 972 663 9921 firstname.lastname@example.org ADAM SPIES Chairman +1 212 841 5903 email@example.com JANICE STANTON Executive Managing Director +1 212 841 5025 firstname.lastname@example.org JONATHAN NAPPER Executive Managing Director +1 972 663 9920 email@example.com RYAN STEVENS Managing Director +1 972 663 9927 firstname.lastname@example.org KATY JANE JENEVEIN Senior Director +1 972 663 9922 email@example.com MACKI MCKIM Senior Associate +1 972 663 9923 firstname.lastname@example.org ROB RUBANO Executive Managing Director +1 310 595 2225 email@example.com BRIAN SHARE Managing Director +1 310 595 2231 firstname.lastname@example.org GREG NAPPER Director +1 972 663 9931 email@example.com FINANCING CONTACTS
To execute the Confidentiality Agreement and further information, please visit: www.609MainHTX.com