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KBR Tower

Skyscraper in Houston, Texas, US


Skyscraper in Houston, Texas, US

FieldValue
nameKBR Tower
imageKBRTowerHoustonTX.JPG
image_size200px
captionThe KBR Tower, with the Downtown Houston YMCA ahead
location601 Jefferson Street, Houston, Texas
coordinates
statuscompleted
completion_date1973
building_typeOffice
roof550 ft
floor_count40
floor_area1,047,744 sqft
architectNeuhaus & Taylor
ownerTrizec Properties
managementBrookfield Properties

KBR Tower (formerly the M. W. Kellogg Tower) is a 550 ft (167.6 m) tall skyscraper in Downtown Houston, Texas, United States; it is a part of the Cullen Center complex. The KBR Tower has the headquarters of KBR, Inc., an engineering, procurement, and construction company.

The 40 story building has about 1047748 sqft of rentable office space. The design architect was Neuhaus & Taylor, the general contractor was Linbeck Construction Company, the mechanical engineer was Sam P. Wallace, and the structural engineer was Ellisor Engineering, Inc. The building was completed in 1973.

History

By 1991, Dresser Industries and its subsidiary, M. W. Kellogg, switched office buildings. Kellogg took over 400000 sqft of space on 16 floors of the Houston skyscraper formerly occupied by its parent firm. The skyscraper was renamed the M. W. Kellogg Tower. In exchange Dresser took over space at 3 Greenway Plaza, which had been renamed to the Dresser Tower. The building swap satisfied Kellogg's need for more space.

In 1998, Exxon announced that it was forming a new subsidiary, Exxon Upstream Development Co. The company planned to initially house the company in the Kellogg Tower before moving it to the Greenspoint business district.

By 2001, Halliburton owned the tower in a joint venture with TrizecHahn. In August of that year, Halliburton announced that it would consolidate 8,000 local employees to office space in Westchase. Halliburton planned to vacate about 650000 sqft of Class B office space in the Kellogg Tower. In December 2001 Halliburton canceled its plans to relocate employees to Westchase. Nancy Sarnoff of the Houston Business Journal said that it made more sense for the company to lease existing space instead of constructing new office space in times of economic downturns.

In 2004, Jeanneret & Associates renewed its lease of 9806 sqft space in the KBR Tower for 10 years.

In 2009, at the KBR Tower, Brookfield Properties began offering office suites from 1200 sqft to 2000 sqft to small businesses and laid off individuals seeking to start their own businesses.

In 2010, KBR signed a 20-year lease for 1200000 sqft at the KBR Tower and 500 Jefferson. In 2011 Brookfield Properties Corp. offered a 50% interest in the KBR Tower for sale. Paul Layne, Suresh Brookfield's Houston area executive vice president, said that the KBR lease made the building a major candidate for the sale of its interest. KBR owns the other 50% interest. Layne did not state whether KBR had the right of first refusal on Brookfield's interest. Layne said that confidentiality concerns were why he did not reveal the information.

In 2012 an affiliate of W.P. Carey purchased the KBR Tower.

References

References

  1. "[http://www.carlinwhite.com/projects/interiors/cullencenter.htm Cullen Center] {{Webarchive. link. (2009-01-07 ." Carlin/White Associates. Retrieved on August 23, 2009.)
  2. Eriksen, Helen. "[http://blogs.chron.com/insidekaty/archives/2008/04/will_kbr_ditch.html Will KBR ditch its Houston headquarters for Katy suburbia?] {{Webarchive. link. (2008-10-18 ." ''[[Houston Chronicle]]''. April 30, 2008. Retrieved on January 13, 2009.)
  3. "[http://www.kbr.com/locations.aspx Locations] {{webarchive. link. (2009-01-08 ." KBR. Retrieved on January 13, 2009.)
  4. "KBR to Acquire Centauri, Significantly Expanding its Military Space, Defense Modernization and Cyber Solutions Portfolio".
  5. "[http://www.brookfieldproperties.com/formslibrary/Building%20Specifications%20-%20KBR%20Tower.pdf KBR Tower]{{Dead link. (February 2020)
  6. Stuart, Lettice. "[https://www.nytimes.com/1991/05/15/business/real-estate-a-big-swap-of-offices-in-houston.html REAL ESTATE; A Big Swap Of Offices In Houston]." ''[[The New York Times]]''. Wednesday May 15, 1991.
  7. Durgin, Hillary. "[http://www.accessmylibrary.com/coms2/summary_0286-5584111_ITM Exxon Forms New Houston-Based Company to Focus on Deepwater Projects.]" ''[[Knight Ridder/Tribune Business News]]''. June 3, 1998. Retrieved on November 11, 2009.
  8. Sarnoff, Nancy. "[http://houston.bizjournals.com/houston/stories/2001/08/13/story7.html Halliburton move could create hole in Houston's office market]." ''[[Houston Business Journal]]''. Friday August 10, 2001. Retrieved on November 11, 2009.
  9. Sarnoff, Nancy. "[http://houston.bizjournals.com/houston/stories/2001/12/24/newscolumn3.html Downtown up, Westchase down as Halliburton postpones project]." ''[[Houston Business Journal]]''. Friday December 21, 2009. Retrieved on November 11, 2009.
  10. Sarnoff, Nancy. "[http://houston.bizjournals.com/houston/stories/2004/02/16/daily29.html?jst=b_ln_hl Cullen Center snags new leases]." ''[[Houston Business Journal]]''. Wednesday February 18, 2004. Retrieved on November 11, 2009.
  11. Sarnoff, Nancy. "[http://www.chron.com/disp/story.mpl/business/sarnoff/6251272.html Developer Thinks Small]." ''[[Houston Chronicle]]''. February 7, 2009. Retrieved on November 11, 2009.
  12. "[http://www.bizjournals.com/houston/print-edition/2011/05/06/downtown-real-estate-lures-buyers.html?page=all Downtown Houston real estate lures buyers]." ''[[Houston Business Journal]]''. Friday May 6, 2011. Retrieved on October 15, 2011.
  13. Feser, Katherine. "[http://www.houstonchronicle.com/business/real-estate/article/Building-could-get-a-new-address-5910687.php Deal of the Week: Building could get a new address]." ''[[Houston Chronicle]]''. November 21, 2014. Retrieved on February 25, 2015.
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