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News release

Houston, TX

Energy Corridor office building to gain new conference, fitness facilities as part of renovation

Houston-based energy company remains committed to 1401 Enclave during improvements

HOUSTON, Dec. 5, 2017JLL today announced 1401 Enclave Parkway, a six-story, 209,000-square-foot office building in Houston's Energy Corridor, will undergo a five-month renovation that will add a conference center and fitness facility to the building's existing repertoire of amenities. The project is scheduled to begin this month.

"The design and park-like setting of 1401 Enclave have always made the property conducive to employee wellbeing, productivity and retention," said JLL Executive Vice President Chrissy Wilson. "The execution of these renovations will further support the operational excellence and positive experience of our tenants."

Upon completion, the new conference center will include a large meeting room with capacity to accommodate 100 people in an auditorium setting and an added conference room with capacity for 6 to 10 people. 1401 Enclave will also gain a 2,590-square-foot fitness center. The finished space will offer free weights, cardio equipment and weight machines within a spa-like design.

Ziegler Cooper Architects and Trademark HITT are the design build team on the project, which is slated for completion next March.

Built in 1999, 1401 Enclave is situated on seven acres in Enclave Corporate Park in the Katy Freeway West office submarket, more commonly known as the Energy Corridor. The location offers immediate access to Interstate 10, Westpark Tollway and Sam Houston Tollway. The building includes a café, courtyard, ample parking, onsite management and is Energy Star labeled.

JLL's Chrissy Wilson and Russell Hodges lead the leasing efforts at 1401 Enclave on behalf of FCA Partners, LLC. JLL also manages the property on behalf of the ownership.

The firm most recently represented the landlord in a 12,000-square-foot lease renewal for Houston-based Matrix Petroleum. Mark O'Donnell and Tripp Pruitt of Savills Studley represented the tenant in the transaction.

According to JLL research, the Katy Freeway West submarket was significantly impacted by the oil downturn. Today however, the submarket has just 330,000 square feet of space under construction, providing some relief to its excess supply. Moreover, its sublease inventory decreased by 8.7 percent in the third quarter of this year.

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About JLL

JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. A Fortune 500 company, JLL helps real estate owners, occupiers and investors achieve their business ambitions. In 2016, JLL had revenue of $6.8 billion and fee revenue of $5.8 billion and, on behalf of clients, managed 4.4 billion square feet, or 409 million square meters, and completed sales acquisitions and finance transactions of approximately $145 billion. At the end of the third quarter of 2017, JLL had nearly 300 corporate offices, operations in over 80 countries and a global workforce of over 80,000. As of September 30, 2017, LaSalle Investment Management had $59.0 billion of real estate under asset management. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit