Portfolio
Real Estate
801 Congress Street
Transaction Overview
Acquired on an off-market basis, 801 Congress Street is a historic, boutique office building located in the CBD sub-market of Houston. The property is situated on the north side of Market Square Park, an area of Downtown Houston that is emerging as the live-work-play hub of the city. The property caters to smaller professional and creative office tenants and features building amenities that include three well-established Houston restaurants, park and skyline views and dedicated tenant parking. SRC implemented a comprehensive capital campaign to reposition and dramatically upgrade the property prior to selling to a private investor in 2016.
Key Stats
Location
Houston, TX
Submarket
Downtown/CBD
Address
801 Congress St.
Square Footage
57,000 SF
Property Type
Office
Investment Profile
Value-Add
Acquired
Q2 2014
Status
Realized Investment; Sold Q3 2016