History
Construction on the tower was scheduled to begin in November 1980. The building was built in 1982. The tower property was developed in 1985. Fulbright & Jaworski became a tenant during that year. The original name of the structure was the Gulf Tower. Chevron became the building's main tenant, and its name became the Chevron Tower. Fulbright & Jaworski renegotiated and extended its lease in 2003 and retained the possibility of naming rights; as of 2005, the firm occupies 350,000 square feet (33,000 m2) of space. On February 24, 2005, Crescent completed the joint venture agreement involving the Fulbright Tower; a pension fund investor advised by JPMorgan Asset Management bought a 60% ownership interest in the building and an affiliate of GE Asset Management bought a 16.15% ownership interest. In 2004, ChevronTexaco sold the building to Crescent. During that year the tower was 49% occupied. By March 2005, ChevronTexaco planned to move its operations out of the tower after buying 1500 Louisiana Street in Downtown Houston. Fulbright & Jaworski used their naming rights, and in 2005 the building gained the name Fulbright Tower. In 2005, the Fulbright Tower was 57% occupied. In 2006, Chevron Corporation still occupied three floors at the Fulbright Tower. In 2009 Conway MacKenzie leased 4,619 square feet (429.1 m2) at the Fulbright Tower.
Read more about this topic: Fulbright Tower
Famous quotes containing the word history:
“If usually the present age is no very long time, still, at our pleasure, or in the service of some such unity of meaning as the history of civilization, or the study of geology, may suggest, we may conceive the present as extending over many centuries, or over a hundred thousand years.”
—Josiah Royce (18551916)
“History, as an entirety, could only exist in the eyes of an observer outside it and outside the world. History only exists, in the final analysis, for God.”
—Albert Camus (19131960)
“Jesus Christ belonged to the true race of the prophets. He saw with an open eye the mystery of the soul. Drawn by its severe harmony, ravished with its beauty, he lived in it, and had his being there. Alone in all history he estimated the greatness of man.”
—Ralph Waldo Emerson (18031882)