One Shell Square was built using a double tube system, with a steel core and a concrete perimeter, and opened for business in 1972. One Shell Square, in New Orleans and Republic Plaza in Denver, also designed by Skidmore, Owings & Merrill, have designs very similar to that of One Shell Plaza. Like One Shell Plaza, One Shell Square has Shell Oil as a major tenant. The mast supported 1971 start up channel 26 The building's main tenants are Shell and the Baker Botts law firm. In addition to One Shell Square, Hertz owns 400 Poydras Tower, the Poydras Center at 650 Poydras St., First Bank and Trust Tower at 909 Poydras St., and the Energy Centre at 1100 Poydras St. Houston skyline in 1971 shortly after completion of the building One Shell Square is a 51-story, 212.45 m (697.0 ft) skyscraper designed in the International style by Skidmore, Owings and Merrill, located at 701 Poydras Street in the Central Business District of New Orleans, Louisiana.It is the tallest building in both the city of New Orleans and the state of Louisiana.
It is 93.5 percent leased, according to Hertz. One Shell Square is one of six Class A office buildings in four Southeastern states that Hertz ... is 93.5 percent leased and counts Shell Oil and the Adams and Reese law firm among its tenants. "Hertz Investment Group views these new markets as outstanding and extraordinary opportunities," Hertz President Gary Horwitz said in a statement announcing the acquisition. When completed in 1972, One Shell Square was the tallest building in the Southeastern United States, surpassing the Wachovia Bank of Georgia building in Atlanta. The building reopened to tenants in December 2005. Current occupancy of the building is approximately 90 percent. One Shell Square sold to Hertz Investment Group "Company chairman Judah Hertz said the properties were acquired from a public real estate investment trust that "decided to exit the region. SHELL OIL COMPANY AT ONE SHELL SQUARE New Orleans, LA PROJECT OVERVIEW A tenant improvement and interior renovation project of a high-rise Class A office building sought to improve interdepartmental efficiency as well as create uniformity between Shell…
Hertz Investment Group announced Monday (June 8) it has acquired the property from Equity Commonwealth in a deal that includes five other Class A office buildings in the Southeast.Although the selling price for One Shell Square was not disclosed, Hertz is calling the deal the largest acquisition in the company's history at more than $417 million. "This a great vote of confidence in the local office building market," said real estate analyst Wade Ragas. The oil company is listing 350,000 square feet in One Shell Plaza with brokerage firm Cushman & Wakefield. Like One Shell Plaza, One Shell Square has Shell Oil as a major tenant. Shell Oil Company, a subsidiary of Royal Dutch Shell, was headquartered in this building until 2016. In the United States, an architectural firm or architecture firm is a company which employs one or more licensed architects and practices the profession of architecture; while in other countries such as the United Kingdom, an architectural firm is a company which offers architectural services. Shell Oil Company is the building's largest tenant. It held the title until 1976, when the Westin Peachtree Plaza in Atlanta surpassed it.