Houston Law Firm Signs 44K SF Lease At JPMorgan Chase Tower
Yetter Coleman law firm subleased 44K SF at the city’s tallest building at 600 Travis St.
The boutique trial law firm will occupy the 53rd and 54th floors of JPMorgan Chase & Co. Tower, according to a press release from CBRE. The new lease is almost double the size of its current 25K SF space, located at 811 Main St.
The 46-story 811 Main St. building did not have contiguous space available to accommodate Yetter Coleman’s growing headcount, according to CBRE.
Both towers were developed by Hines, which sold 811 Main to Invesco in 2013. Hines reacquired JPMorgan Chase Tower with an affiliate of Cerberus Capital Management in 2019.
CBRE’s Jon Lee and Claire Douthit represented the tenant in subleasing the space at 600 Travis St., which is already built out for a law firm. CBRE negotiated a direct extension with the landlord, giving the firm flexibility to expand without incurring the higher costs, according to the release.
“Opportunities like this are increasingly rare in Houston’s central business district,” said Lee, executive vice president at CBRE, in a statement.
“With no new construction expected for the next several years and a stable Class A inventory, securing high-quality, move-in-ready space at a favorable rate positions Yetter Coleman extremely well for future growth,” he added.
The 1.7M SF JPMorgan Chase & Co. Tower was completed in 1982, renovated in 2022 and stands 75 stories tall.
It is still the tallest completed building in Texas, though Austin’s Waterline mixed-use tower is on its heels. Waterline topped out last summer and is expected to open this fall.