Four Allen Center
1400 Smith Street was known as Four Allen Center.
In 2006 Brookfield Properties acquired the 1,200,000-square-foot (110,000 m2) Four Allen Center for $120 million. At the same time Brookfield announced that Chevron USA signed a lease for the entire building. Brookfield held 4 Allen Center in a joint partnership with the private equity group The Blackstone Group. As of 2006 the joint venture has 7,400,000 square feet (690,000 m2) of office space in Downtown Houston, making it the largest office owner in the central business district.
Beginning in 2006 Chevron leased the entirety of the building. In June 2011 Chevron bought the building from Brookfield for $340 million.
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Famous quotes containing the word center:
“Placing the extraordinary at the center of the ordinary, as realism does, is a great comfort to us stay-at-homes.”
—Mason Cooley (b. 1927)