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Tag Archives: Shorenstein

Five Post Oak Park Reports Leasing Flurry

HOUSTON – (Realty News Report) – Colvill Office Properties announced 117,000 SF of leasing transactions in 2018 at Five Post Oak Park. The 28-story tower, located just east of Loop 610 near San Felipe Road, across from the St. Regis hotel and close to the River Oaks neighborhood. Shorenstein Properties LLC owns the 567,000-SF tower, which received a thorough renovation, ... Read More »

Bringing 100 Years of Experience to the Table, Fred Griffin and Ed Wulfe Tackle Downtown Retail Assignment

HOUSTON – Bringing a combined 100 years of real estate development experience to the table, Houston developers Fred Griffin and Ed Wulfe have joined forces with Houston First Corp. to create restaurants and retail space around the George R. Brown Convention Center in downtown. Approximately 30,000 square feet of space will yield as many as seven new retail, restaurant, sidewalk ... Read More »

City Talks About Leasing Exxon Building in Downtown Houston

HOUSTON – The City of Houston is considering leasing the 45-story Exxon Mobil building in downtown Houston, according to a report in the Houston Chronicle. The city has been looking for downtown space for a police and courts facility and Mayor Annise Parker said Wednesday that leasing the 1.2 million square-foot Exxon Mobil building is being discussed, the Chronicle reported. ... Read More »

Shorenstein Selling Five Post Oak Park for Anticipated $185 Million

HOUSTON – Shorenstein Properties is selling the 28-story Five Post Oak Park, an Inner Loop Houston office building that is expected to fetch $185 million, or $326 per square foot. The Real Estate Alert newsletter reported that the deal is considered a “value add” play because the building’s anchor tenant Amergy Bank is expected to relocate in 2016. Amegy is ... Read More »

Shorenstein Buys Exxon Mobil Tower for $50 Million

By Ralph Bivins HOUSTON – Shorenstein Properties has acquired the 45-story Exxon Mobil building in downtown Houston for a redevelopment that will restore the property to Class A status. The Exxon Mobil building, located at 800 Bell at Travis, was built in 1962 as the headquarters of Humble Oil & Refining, a predecessor to Exxon Mobil. The sales price was ... Read More »

Shorenstein Eyes Exxon Mobil Tower in Downtown Houston

By Ralph Bivins HOUSTON – Shorenstein Properties of San Francisco is negotiating to buy the 1.1 million sf Exxon Mobil tower at 800 Bell in downtown Houston. The oil company is selling the 44-story tower in conjuction with its plan to relocate some 11,000 employees to its 385-acre corporate campus in Houston’s northern suburbs. Shorenstein is expected to pay around ... Read More »

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