The eight-story structure rose up on its corner spot in the Golden Triangle area 35 years ago and was last renovated in 1999. In addition to its office space, the building features ground-level retail space, as well as a four-level subterranean garage. At the time of the deal, the property was leased to 87% capacity. Advantis agents handling the transaction noted that part of the appeal of the building is the fact that there is near-term rollover of 40%, which, with new tenants, would bring the rent on those spaces up to the current market level.
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