Three Class-A office buildings on 23 acres in the Galleria submarket; totaling 1.2 million square feet
Acquire a tired, poorly leased three-building office portfolio (of which ownership was held by two separate, unrelated parties) and add value by unifying ownership and performing extensive renovations to common areas
Invested $15MM in renovations to upgrade the exterior and interior common areas, timed to coincide with municipally funded road improvements
Demand for vacant space increased with the completion of both improvements in a submarket that was at one time losing occupancy. This trend continued as CPG brought the occupancy to 90%
