HOUSTON, TX - PM Realty Group (PMRG), a national, full-service commercial real estate firm, today announced the company has brokered a lease agreement with Shell Oil Company for approximately 300,000 square feet of space at RRI Energy Plaza, located at 1000 Main Street in downtown Houston's premier Main Street Square.

In approximately 16 months, Houston-based staff working in Two Houston Center will move their Houston offices to 1000 Main Street. The building name will revert back to its original name, 1000 Main Street.

“RRI Energy Plaza has a history of being home to many well-known Houston companies,” said Wade Bowlin, executive vice president and managing director. “The owner is pleased to add a global company such as Shell to its tenant roster.”

Owned by KanAm Grund, an international investment company for open ended real estate funds, RRI Energy Plaza (1000 Main Street) is a 36-floor multi-tenant office tower encompassing 837,161 square feet and consumes a full city block in the epicenter of downtown Houston. Completed in 2003, the property features arching fountains, direct access to Metro bus and rail lines, the premier tunnel with numerous restaurants and shopping options, on-site parking and full service banking facilities.

Wade Bowlin, executive vice president and managing director, and Doug Little, executive vice president and managing director of the central region, of PMRG represented the building owner, KanAm Grund, in the transaction. RRI was represented by Andy Spence and Scott Wegman with Cushman & Wakefield. Shell was represented by Tim Relyea and Joe Peddie of Cushman & Wakefield.

About PM Realty Group

Headquartered in Houston, PM Realty Group (PMRG) is a privately held real estate firm of more than 1,300 employees and 21 divisional and regional offices that conducts business in every major state.

With more than 50 years of experience, PMRG provides services to a portfolio valued in excess of $30 billion. The firm’s diversified client base includes institutional and private investors, real estate investment trusts, government agencies, corporations and healthcare service providers.

PMRG focuses on creating value for its clients and offers a full spectrum of real estate services, including property and facility management, leasing, marketing, investment sales, construction management and engineering. In addition, PMRG partners with clients in comprehensive development and joint venture investment programs.