JLL completes new lease at 1311 Broadfield

Atlanta-based homebuilder, PulteGroup, has signed a new 20,978-square-foot lease at 1311 Broadfield Blvd. in Houston. The firm will relocate their Houston office and design center from 16670 Park Row to the first floor of 1311 Broadfield.

JLL’s Chrissy Wilson and John Pruitt represented the landlord, an affiliate of Lexington Realty Trust, in the transaction. Doug Elliott with CBRE represented PulteGroup.

“Located off Interstate 10 between the Grand Parkway and Beltway 8, 1311 Broadfield puts Pulte Homes at the center of west Houston’s fast-growing communities,” said Wilson. “The building’s modern finishes and easily accessible location provide the perfect environment in which clients can visit the firm’s design center.”

PulteGroup, Inc. (NYSE: PHM), based in Atlanta, Georgia, is one of America’s largest homebuilding companies with operations in approximately 50 markets throughout the country. Through its brand portfolio that includes Centex, Pulte Homes, Del Webb, DiVosta Homes and John Wieland Homes and Neighborhoods, the company is one of the industry’s most versatile homebuilders able to meet the needs of multiple buyer groups and respond to changing consumer demand.

Built in 2000, 1311 Broadfield is a six-story, midrise building in the heart of the Energy Corridor. Features of the 155,407-square-foot building include an on-site fitness center, dedicated, multilevel garage, conferencing facilities and convenient access to Interstate 10.

With this transaction, 1311 Broadfield is approximately 47 percent leased. The building has full floor availability on the second, third and fourth floors.

The completed transaction represents a sizeable lease for the Katy Freeway West office submarket. The submarket’s average lease size year-to-date is 6,900 square feet.

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About JLL

JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. Our vision is to reimagine the world of real estate, creating rewarding opportunities and amazing spaces where people can achieve their ambitions. In doing so, we will build a better tomorrow for our clients, our people and our communities. JLL is a Fortune 500 company with nearly 300 corporate offices, operations in over 80 countries and a global workforce of 86,000 as of June 30, 2018. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com