Saturday, September 1, 2012

HFF marketing for sale Kinder Morgan Tower in Houston, TX

 HOUSTON, TX – HFF announced it been named to market for sale Kinder Morgan Tower (top left photo), a 1,037,350-square-foot, Class A office tower with a parking garage in downtown Houston.  Kinder Morgan will be occupying its portion of the building under a long-term lease.

HFF is marketing the property on behalf of the seller, Kinder Morgan, Inc., for an undisclosed amount free and clear of debt.

Kinder Morgan Tower is located at 1001 Louisiana in downtown Houston.  The 32-story building underwent a ground-up renovation, which was completed in 2012, to bring the property up to current Class A, LEED Gold standards. 

The architecturally significant building had previously served as the headquarters of El Paso Corporation until El Paso was acquired by Houston-based Kinder Morgan in May 2012. 

The property is now the new global headquarters for both the Kinder Morgan family of companies and the now-separate EP Energy, which also leases space in the tower.  Kinder Morgan Tower occupies two full city blocks and features a structured parking garage, state-of-the-art conference facilities, retail amenities and health club.

The HFF investment sales team representing the seller is led by senior managing directors Jeff Hollinden,  Robert Williamson (lower right photo)  and Grady Roberts.  HFF is marketing the property in conjunction with Studley, Kinder Morgan’s leasing representative.  The Studley team is led by corporate managing director Aaron Howes.

For a complete copy of the company’s news release, please contact:

JEFF HOLLINDEN                                 
HFF Senior Managing Director         
(713) 852-3500                                                   

ROBERT WILLIAMSON                       
HFF Senior Managing Director      
(713) 852-3500                                 
KRISTEN MURPHY               
HFF Associate Director, Marketing  
(713) 852-3500