Houston, TX

CBRE Completes Four Office Leases at POST Houston in Downtown Houston

June 19, 2023

Common desk area in co-working space

Media Contact

Elizabeth Christenson

Senior Corporate Communications Specialist

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CBRE has completed four office leases totaling 14,585 sq. ft. at POST Houston, a 550,000-sq.-ft. repurposed, multi-use cultural hub in downtown Houston.

Recent office leasing activity includes:

  • 1,871-sq.-ft. lease to Arcus Advisors, an independent accounting consulting firm
  • 1,614-sq.-ft. lease to Xecta, a provider of networking optimization products for the oil and gas industry
  • 2,550-sq.-ft. lease to Redfin, an operator of a residential real estate brokerage
  • 8,550 sq. ft. lease to Lovett Industrial, a real estate development and investment company

CBRE’s Russell Hodges, Parker Duffie and Jenny Sealy represented ownership, Lovett Commercial, in the lease negotiations. Dan Boyles with Partners represented Arcus Advisors. The other tenants were self-represented.

POST Houston, located at 401 Franklin, offers 100,000 sq. ft. of office space featuring large, open floor plates, collaborative workspaces, private offices, conference rooms, and four fully furnished speculative suites ranging from 1,154 sq. ft. to 4,200 sq. ft which were designed collaboratively between Common Desk and Corgan. The building has up to 70,000 sq. ft. of contiguous space available.

In addition, the building features 20,940 sq. ft. of coworking space operated by Common Desk, which offers flexible, all-inclusive coworking and office space memberships. The coworking space currently counts among its members a diverse mix of small businesses ranging from creative ad agencies to tech startups and wellness consultants. Common Desk leasing options include shared spaces, private offices, and flexible suites, with a 32-seat training room, conference room, and customizable collaboration areas.

“There is continued demand for flight to experience among tenants and POST Houston is not only providing a unique office experience unlike any other in Houston, but is offering move-in ready, fully furnished spaces that tenants are looking for,” said Parker Duffie, First Vice President with CBRE.

About Common Desk
Common Desk operates a growing portfolio of experiential coworking locations across the United States, with additional offerings found through its landlord services. Through their unique operating approach, Common Desk has cultivated a thriving community of freelancers, small businesses, fast-growing tech companies and enterprise businesses since 2012. Common Desk’s portfolio also includes an award-winning coffee brand, Fiction Coffee. For more information, visit thecommondesk.com.

About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm (based on 2024 revenue). The company has more than 140,000 employees (including Turner & Townsend employees) serving clients in more than 100 countries. CBRE serves a diverse range of clients with an integrated suite of services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.