Jackson Walker Represents NRG in Downtown Houston Sublease Transaction

August 24, 2017 | Client Results

Jackson Walker real estate attorneys Pat Sharkey and Amanda Sheneman successfully represented client NRG Energy, Inc. in the sublease of its new office space at 910 Louisiana tower in downtown Houston. At 431,037 square feet, the transaction marks one of the largest commercial real estate subleases in the history of the city.

Pat and Amanda worked alongside NRG’s in-house lawyer Scott Thomas and Cushman and Wakefield brokers, Chris Oliver and Trey Strake, to negotiate the massive deal which includes four buildings and seven interrelated agreements. The space was subleased from Shell Oil which recently moved over 3,000 of its employees out of the space and into its campuses in west Houston.

The new sublease will enable NRG to consolidate all of its Houston employees into one building. The company will vacate its current space in GreenStreet, allowing GreenStreet’s development as a mixed-use property. NRG is set to move in during the spring of 2018.

For more information, visit Jackson Walker’s Investment, Leasing, and Management practice.

About Pat Sharkey

Patrick T. Sharkey has over 40 years of experience as a commercial real estate attorney representing clients in a diverse and dynamic blend of real estate transactions. He represents landlords and tenants in office, industrial, retail, healthcare, and submerged land (Houston Ship Channel) leasing. Pat also has experience in real estate acquisitions and dispositions, intricate land transactions, land donation in lieu of condemnation, and property tax appeals.