KBR EXPANDS LEASE AT CULLEN CENTER TO 1.2 MILLION SQUARE FEET

HOUSTON Ń KBR has expanded its leases at downtown Houston's Cullen Center to a total of approximately 1.2 million square feet. The company renewed its 700,000-square-foot lease at KBR Tower and its 300,000-square-foot lease at 500 Jefferson Street. It will also be expanding its presence in both buildings by a combined 234,000 square feet. Dan Bellow and Mike Boehler of Jones Lang LaSalle represented KBR in lease negotiations. The owner of Cullen Center, Brookfield Properties Corp., was represented in-house by Paul Layne and Paul Frazier. Successfully completing an office transaction of this size Ń involving a significant expansion Ń speaks to the increase in tenant activity we are beginning to see around our major markets, said Dennis Friedrich, president and CEO of Brookfield Properties' U.S. Commercial Operations, in a statement. The Cullen consists of four office towers: KBR Tower, 500 Jefferson Street, and Continental Centers I and II. Each tower contains an attached parking garage. Amenities include a food court, the Crowne Plaza Cullen Center Hotel, conference facilities, full-service banking facilities and other retail amenities. Ń Coleman Wood