Fulbright Tower
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The Fulbright Tower is a 52-story office
skyscraper A skyscraper is a tall continuously habitable building having multiple floors. Most modern sources define skyscrapers as being at least or in height, though there is no universally accepted definition, other than being very tall high-rise bui ...
originally known as 3 Houston Center. A part of the
downtown ''Downtown'' is a term primarily used in American and Canadian English to refer to a city's sometimes commercial, cultural and often the historical, political, and geographic heart. It is often synonymous with its central business district ( ...
Houston Center Houston Center is a retail and office complex in Downtown Houston, Texas, United States. It is owned by Australian Super, and managed by Stream Realty Partners. The three towers in Houston Center have almost of Class A office space.Dawson, Je ...
complex,
Texas Texas ( , ; or ) is the most populous U.S. state, state in the South Central United States, South Central region of the United States. It borders Louisiana to the east, Arkansas to the northeast, Oklahoma to the north, New Mexico to the we ...
, United States, the tower has of
Class A office An office is a space where the employees of an organization perform administrative work in order to support and realize the various goals of the organization. The word "office" may also denote a position within an organization with specific dut ...
space.Crescent Announces First Quarter 2005 Results.
''
Business Wire Business Wire is an American company that disseminates full-text press releases from thousands of companies and organizations worldwide to news media, financial markets, disclosure systems, investors, information web sites, databases, bloggers, ...
''. May 5, 2005. Retrieved on November 11, 2009.
The bottom seven levels were designed for four trading floors for commodities like electricity and natural gas. The building at one point was owned by ChevronTexaco. As of 2005, Crescent owns the tower in a joint venture with the affiliates of GE Asset Management and
J.P. Morgan Asset Management JPMorgan Chase & Co. (stylized as JPMorganChase) is an American multinational finance corporation headquartered in New York City and incorporated in Delaware. It is the largest bank in the United States, and the world's largest bank by mark ...
.
Norton Rose Fulbright Norton Rose Fulbright (NRF) is a British-American business law firm. It is the thirteenth-largest by headcount and 21st by revenue, with revenues of more than $2 billion. The British law firm Norton Rose originated in 1794 when it was establ ...
has its Houston office located in the Fulbright Tower, in Suite 5100.


History

Construction on the tower was scheduled to begin in November 1980. The building was built in 1982.Crescent Acquires Downtown Houston Office Property; Chevron Tower Acquisition Brings All of Houston Center Assets into Crescent's Portfolio.
''
Business Wire Business Wire is an American company that disseminates full-text press releases from thousands of companies and organizations worldwide to news media, financial markets, disclosure systems, investors, information web sites, databases, bloggers, ...
''. December 22, 2004. Retrieved on November 11, 2009.
The tower property was developed in 1985.
Fulbright & Jaworski Fulbright & Jaworski was founded in Houston, Texas, in 1919 by Rufus Fulbright. Fulbright & Jaworski represented clients in the energy, financial, and healthcare industries. As trustees of the M.D. Anderson Foundation, Fulbright & Jaworski partn ...
became a tenant during that year. The original name of the structure was the Gulf Tower.
Chevron Chevron (often relating to V-shaped patterns) may refer to: Science and technology * Chevron (aerospace), sawtooth patterns on some jet engines * Chevron (anatomy), a bone * '' Eulithis testata'', a moth * Chevron (geology), a fold in rock la ...
became the building's main tenant, and its name became the Chevron Tower. Fulbright & Jaworski renegotiated and extended its lease in 2003 and retained the possibility of
naming rights Naming rights are a financial transaction and form of advertising or memorialization where a corporation, person, or other entity purchases the right to name a facility, object, location, program, or event (most often sports venues), typical ...
; as of 2005, the firm occupies of space. On February 24, 2005, Crescent completed the joint venture agreement involving the Fulbright Tower; a pension fund investor advised by JPMorgan Asset Management bought a 60% ownership interest in the building and an affiliate of GE Asset Management bought a 16.15% ownership interest. In 2004, ChevronTexaco sold the building to Crescent. During that year the tower was 49% occupied. By March 2005, ChevronTexaco planned to move its operations out of the tower after buying
1500 Louisiana Street 1500 Louisiana Street, formerly Enron Center South, is a 600 ft (183m) tall skyscraper in Houston, Texas. It was completed in 2002 and has 40 floors and a total building area of 1,284,013sq.ft. It is the 20th tallest building in the city and ...
in Downtown Houston. Fulbright & Jaworski used their naming rights, and in 2005 the building gained the name ''Fulbright Tower''. In 2005, the Fulbright Tower was 57% occupied. In 2006,
Chevron Corporation Chevron Corporation is an American multinational energy corporation predominantly specializing in oil and gas. The second-largest direct descendant of Standard Oil, and originally known as the Standard Oil Company of California (shortened t ...
still occupied three floors at the Fulbright Tower. In 2009 Conway MacKenzie leased at the Fulbright Tower.
Brookfield Properties Brookfield Properties is a North American subsidiary of Commercial property, commercial real estate firm Brookfield Property Partners, which itself is a subsidiary of Alternative investment, alternative asset management company Brookfield Corpor ...
, which acquired the Houston Center in 2017, began renovating the campus in 2019 alongside architectural firm
Gensler Gensler is a global design and architecture firm headquartered in San Francisco, California. It is the largest architecture firm in the world by revenue and number of architects. In 2022, Gensler generated $1.785 billion in revenue, the most o ...
. The first phase of the project was completed in 2021 and, as of March 2022, the final phase was underway.


Tenants

*
Norton Rose Fulbright Norton Rose Fulbright (NRF) is a British-American business law firm. It is the thirteenth-largest by headcount and 21st by revenue, with revenues of more than $2 billion. The British law firm Norton Rose originated in 1794 when it was establ ...
* Key Energy Services *
Office of the Comptroller of the Currency The Office of the Comptroller of the Currency (OCC) is an independent bureau within the United States Department of the Treasury that was established by the National Currency Act of 1863 and serves to corporate charter, charter, bank regulation ...


See also

*
List of tallest buildings in the United States The world's first skyscraper was built in Chicago in 1885. Since then, the United States has been home to some of the world's tallest skyscrapers. New York City, and especially the borough of Manhattan, has the tallest skyline in the country. E ...


References

{{reflist Skyscraper office buildings in Houston 1982 establishments in Texas Office buildings completed in 1982 Leadership in Energy and Environmental Design gold certified buildings