Newmark has announced Martin, Disiere, Jefferson & Wisdom’s 42,000-square-foot lease expansion and renewal at downtown Houston’s historic Esperson Building. The tenant, which previously occupied 39,000 square feet sparsely spread between floors 17-20, reorganized its footprint from a four-floor configuration to a more-efficient two-floor configuration. Newmark’s Vice Chairman Reginald Beavan, III and Managing Director Joshua Brown represented the Texas-based law firm on the lease renewal transaction. Cameron Management represented the landlord.
“Martin, Disiere, Jefferson & Wisdom has been a tenant of the Esperson Building since the company was founded in 2000. After having a great experience with Newmark on our last lease renewal, we knew they would provide the insight needed to creatively consolidate space and create efficiencies,” explained David Disiere, Managing Partner at Martin, Disiere, Jefferson & Wisdom.
“We were thrilled to have had the opportunity to continue working with Martin, Disiere, Jefferson & Wisdom as well as with Cameron Management, an amenable landlord who truly values its tenants,” stated Beavan. “While Martin, Disiere, Jefferson & Wisdom needed to grow, the law firm also wanted to re-strategize its office configuration, so identifying and negotiating favorable terms on the right space was critical.”
The boutique law firm’s new office buildout provides a traditional yet modern feel, with all attorneys located on the same floor and the main conferencing space located on the over-flow floor. Martin, Disiere, Jefferson & Wisdom is headquartered in the Esperson Building, and also has offices in Dallas, Austin and San Antonio.
The only complete example of Italian Renaissance architecture in downtown Houston, the 32-story Esperson Building was built in 1927 and dominated the skyline. In 1941, the Esperson Building was joined to the 19-story Art Deco Mellie Tower to create a unique and eclectic large block building complex that is connected via tunnels to downtown.
About Cameron Management
Cameron Management, founded in 1995, is a Houston-based commercial real estate group that owns, manages, and leases office buildings in Houston. Its portfolio is comprised of classic buildings located in Class A submarkets and managed to a Class A standard. Tenants are attracted to the economic value and attentive onsite property management, engineering and leasing provided by Cameron Management. More information about Cameron Management can be found at www.cameronmanagement.com.
Newmark (“Newmark”), operated by Newmark Group, Inc. (“Newmark Group”) (NASDAQ: NMRK), is one of the world’s leading and most trusted commercial real estate advisory firms, offering a complete suite of services and products for both owners and occupiers. Together with London-based partner Knight Frank and independently-owned offices, Newmark’s 18,000 professionals operate from approximately 480 offices on six continents. Newmark’s investor/owner services and products include investment sales, agency leasing, property management, valuation and advisory, diligence, underwriting, government-sponsored enterprise lending, loan servicing, debt and structured finance and loan sales. Occupier services and products include tenant representation, real estate management technology systems, workplace and occupancy strategy, global corporate services consulting, project management, lease administration and facilities management. For further information, visit www.ngkf.com.
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Statements in this document regarding Newmark that are not historical facts are “forward-looking statements” that involve risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements. Except as required by law, Newmark undertakes no obligation to update any forward-looking statements. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see Newmark’s Securities and Exchange Commission filings, including, but not limited to, the risk factors and Special Note on Forward-Looking Information set forth in these filings and any updates to such risk factors and Special Note on Forward-Looking Information contained in subsequent reports on Form 10-K, Form 10-Q or Form 8-K.