Opportune LLP recently signed a long-term 62,535-square-foot expansion and renewal at Pennzoil Place at 711 Louisiana St. in downtown Houston. Opportune will occupy the 31st through 34th floors at the two-building property.

“Opportune has called Pennzoil Place home since our founding in 2005, and we are pleased to extend and expand our lease in this iconic building,” said David Baggett, managing partner at Opportune. “While we will provide some flexibility in working remotely at times, we strongly believe working together in a collaborative office environment provides enhanced communication and more opportunities to develop our people. Our remodel and expansion will allow us to both better meet the needs of our clients and accommodate a convenient, safe and dynamic workspace for our employees.”

Transwestern Real Estate Services’ Tyler Garrett and Eric Anderson provided agency leasing services on behalf of the landlord, Metropolis Investment Holdings Inc.

“Opportune’s recommitment to Pennzoil Place is a testament to Metropolis’ efforts to create a best-in-class work environment for its tenants,” said Garrett. “Metropolis has demonstrated a deep commitment to health, wellness and sustainability, all of which are critical as companies continue their return to the workplace.”

Managed by Transwestern, Pennzoil Place is a 1.4-million-square-foot class-A property. Ongoing upgrades to the property include a destination dispatch elevator system and the build-out of a tenant lounge with conference suites on the lobby level.

Pennzoil Place offers connectivity to the downtown tunnel system, which spans 6.2 miles of retail and food offerings, and is near numerous entertainment venues including the Jones Hall for the Performing Arts and Alley Theatre.